US Corp Bonds - Tone improves as buyers come in

Newswire

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 ...

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