US Corp Bonds-Spreads end softer; Tobacco strengthens

Newswire

By Nancy Leinfuss NEW YORK, May 21 (Reuters) - U.S. corporate bond yield spreads ended with a softer tone on Wednesday while tobacco issues strengthened after a Florida appeals court overturned a landmark judgment against major tobacco firms. Spreads -- the extra yield that corporate bonds pay over Treasuries -- ended weaker by 0.01 to 0.02 percentage point but off earlier wides as buyers came into market, traders said. "We were much weaker earlier on with stocks, but they improved and ...

Premium Content (PAID Subscription Required)

"US Corp Bonds-Spreads end softer; Tobacco strengthens" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×