US Corp Bonds-Spreads tighter, Treasuries lose appeal

Newswire

By Dena Aubin NEW YORK, May 28 (Reuters) - U.S. corporate bond yield spreads tightened on Wednesday, helped by a spurt of buying as investors tired of low-yielding Treasuries found renewed appetite for corporate debt "If you're a fixed-income investor and you have cash you want to put to work, I don't know if I'd want to be buying Treasuries," said Joe Jackson, portfolio manager for BB&T Asset Management. "Over the last couple of days, we've seen the Treasury market sell off and ...

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