U.S. Corp Bonds-Spreads begin weaker, slide slows


By Richard A. Bravo NEW YORK, Oct 23 (Reuters) - Yield margins on U.S. investment-grade corporate bonds started a couple of basis points weaker on Thursday in a market suffering residual shocks from the auto sector that have weighed most of the week. "Surprisingly, things are not horrible," said Sid Bakst, portfolio manager at Weiss Peck & Greer. "(Spreads) started off around three to five basis points weaker, but some stuff is beginning to come back. Things are hanging in very ...

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