IFR-US CORP BONDS-IG Midday: New issues launch in quiet market

Newswire

by Danielle Robinson NEW YORK, Dec 1 (IFR) - A handful of issuers got December off to a start today, and seemed to be coming at or inside of initial price thoughts, despite reports from traders that many investors have closed up shop for the year. "It's very quiet," said one trader of investment grade corporate bonds. "Spreads are better across the board but after we saw yesterday's rally in stocks we thought there would've been more interest from bond market customers than we have ...

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