US Corp Bonds - End unchanged amid supply boom

Newswire

By Nancy Leinfuss NEW YORK, May 29 (Reuters) - U.S. corporate bond yield spreads gave back some earlier gains with stocks to end mostly unchanged on Thursday, while companies capitalized on lower interest rates to unleash more supply, traders said. "We opened at tighter spreads earlier in the session, but as stocks sold off we gave that back," said one trader. "Much of the focus has been on supply. Deals are meeting with good demand and tightening on the break." Spreads, the extra ...

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