By Dena Aubin NEW YORK, April 23 (Reuters) - Upbeat earnings reports pushed spreads on U.S. corporate bonds tighter on Wednesday, with the telecommunications sector leading the way after long-distance leader AT&T Corp. swung to a profit in the quarter. "It is a feeding frenzy in corporate paper," Andy Brenner, head of institutional fixed-income at Investec Ernst & Co. said in a research note on Wednesday. "Dealers (are) all complaining about not being able to replace the paper ...
Premium Content (PAID Subscription Required)
"US Corp Bonds-Market tighter on better earnings" 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!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642