US Corp Bonds-Bonds fall as stocks, profits weigh

Newswire

By Jonathan Stempel NEW YORK, Sept 23 (Reuters) - U.S. corporate bonds lagged Treasuries on Monday as worries about war and corporate profits weighed on investors' appetite for corporate credit. "The market looks weaker again," said one trader. "Stocks are down, and the Fed is expected to maintain its easing bias. Bonds are out about two to three basis points, any of the more volatile names are out 10 to 30." A basis point is one-hundredth of a percentage point. The Federal Reserve is ...

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