US Corp Bonds-Spreads widen as calendar builds

Newswire

By Richard A. Bravo NEW YORK, Sept 22 (Reuters) - Yield margins in the high-grade corporate bond market began Monday's session three to five basis points wider, softening on the announcement of several new deals in the primary market. "There were a lot of bid lists at the end of last week and spreads held in, but the calendar this week is pressuring (spreads) a little bit," said Cindy Cole, portfolio manager at National City Investment Management Co. DaimlerChrysler was seen in the ...

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