Intl Bonds-Euro corps gain as higher yields fuel demand

Newswire

LONDON, Jan 27 (Reuters) - European corporate bonds gained in value on Tuesday as investors snapped up yields near the highest levels in 2004, while telecoms rose amid strong subscriber data from Deutsche Telekom. "We are about five basis points tighter in autos and about the same in telecoms," one trader said. "We have seen some of the faster money coming back in -- and also some real money involvement with insurance companies and pension funds looking to get longer." The FTSE Euro ...

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