Ford euro bonds dip after profit warning -traders

Newswire

LONDON, June 22 (Reuters) - Euro-denominated bonds of U.S. automaker Ford Motor Co. dipped in early trading in Europe on Wednesday after the company issued its second profit warning this year, traders said. But the move was relatively muted, with the company's 4.875 percent euro bond due 2010 dropping 0.5 percentage points to be bid at 94 percent of face value, traders said. "It's not really the massive sell-off you might have expected," said one trader. "This market's pretty resilient." ...

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