US Corp Bonds - Bonds gain, boosted by 30-yr sale

Newswire

By Daniel Grebler NEW YORK, Oct 28 (Reuters) - Sales totaling $1.4 billion in 30-year bonds by retailers and consumer products makers boosted an otherwise quiet corporate bond market on Monday, traders said. "This morning it opened much much better. Spreads came out pretty much on fire, tightening across all sectors," said one high grade corporate bond trader. "Then it just sort of petered out and quieted down." In morning trade, spreads, the yield difference over comparable maturity ...

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