US Corp Bonds -Spreads out as supply spooks market

Newswire

By Nancy Leinfuss NEW YORK, Oct 31 (Reuters) - Yield spreads on U.S. corporate investment grade bonds wrapped up an eerily calm trading session at wider levels on Friday, as a hefty $15 billion of supply spooked the market, traders said. "It's been extremely quiet today. No one is really doing anything," said one trader. "Spreads widened out some today on pressure from supply," he said. Overall, corporate bond yield spreads over Treasuries widened by about 0.02 percentage point, after ...

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