US Corp Bonds-Spreads tighter after upbeat data

Newswire

By Dena Aubin NEW YORK, Nov 26 (Reuters) - Fresh signs of vigorous economic growth helped nudge yield spreads on U.S. corporate bonds tighter in slow trading on Wednesday, as activity wound down ahead of the Thanksgiving Day holiday. The government said that initial U.S. jobless claims fell to their lowest level since early 2001, while October durable goods orders rose by a surprisingly strong 3.3 percent, adding to signs that business investment is bouncing back. Also on Wednesday, a ...

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