US Corp Bonds-Spreads tighter in sluggish trading

Newswire

By Dena Aubin NEW YORK, Aug 22 (Reuters) - U.S. corporate bond yield spreads ended slightly tighter on Friday after a recent string of upbeat economic data gave a lift to sentiment, but listless summer trading kept the market from registering significant gains. "We opened a little tighter, especially autos again, but really just a couple basis points," said one corporate bond trader. "For the most part, it's very, very quiet." Spreads, the extra yields corporate bonds pay over ...

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