(Adds new total and JPMorgan in first paragraph) NEW YORK, Nov 26 (Reuters) - U.S. credit spreads narrowed on Wednesday as JPMorgan Chase & Co and Morgan Stanley sold more than $11 billion of debt and more banks prepared to tap a government program to sell new bonds and loosen credit markets. JPMorgan sold $6 billion in debt, up from initial talk of $5.5 billion, and Morgan Stanley's $5.25 billion, three-part bond sale also exceeded Goldman Sachs' inaugural $5 billion debt sale on ...
Premium Content (PAID Subscription Required)
"UPDATE 1-US CORP BONDS-Spreads narrow as FDIC bond sales mount" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.