By Nancy Leinfuss NEW YORK, Sept 25 (Reuters) - U.S. corporate bonds opened stronger on Wednesday, as investors capitalized on recently beaten down issues to scoop up some bargains, traders said. "We were expecting another horrendous day, but we saw a lot of buying from European markets so the tone has improved," said one trader. "People seem to be looking for the bottom." Spreads to U.S. Treasuries were quoted 0.2 to 0.5 percentage point tighter on Wednesday after ending 0.10 to 0.30 ...
Premium Content (PAID Subscription Required)
"US Corp Bonds - Tone improves as buyers come in" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.