By Dena Aubin NEW YORK, April 30 (Reuters) - U.S. corporate bond spreads tightened on Friday as investors shrugged off interest rate worries for a day and bought bonds of top automakers after their credit ratings were affirmed. Spreads, the extra yield corporate bonds pay over Treasuries, narrowed by about 0.12 to 0.15 percentage point on auto bonds after Moody's Investors Service affirmed its ratings on Ford Motor Co. General Motors Corp. and their finance arms late on Thursday. In ...
Premium Content (PAID Subscription Required)
"US Corp Bonds-Ratings action on autos buoys market" 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: firstname.lastname@example.org or phone: (248) 799-2642