Intl Bonds-Earnings lead bonds higher; issuance thin

Newswire

LONDON, July 23 (Reuters) - Yield spreads tightened still further in the European corporate bond markets on Wednesday as company results grabbed traders' attention, with Volvo saying second-quarter earnings were better than expected. The FTSE Euro Corporate Bond Index showed investment-grade corporate bonds in euros yielding an average 74.7 basis points more than similarly-dated government bonds at 1510 GMT, 1.5 basis points less on the day. Sweden's Volvo and Scania kicked off the ...

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