By Nancy Leinfuss NEW YORK, Jan 29 (Reuters) - U.S. corporate bonds opened unchanged in quiet trade as investors paused to ponder the looming specter of war with Iraq, and awaited the latest decision on interest rates from the Federal Reserve, traders said. Spreads -- the yield gap between corporate bonds and U.S. Treasuries -- were quoted unchanged across the broader market while auto bonds were seen a tad weaker, traders said. "The FOMC is not expected to be anything but the Iraq war ...
Premium Content (PAID Subscription Required)
"US Corp Bonds-Unchanged; traders eye Iraq, Fed" 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.