By Daniel Grebler NEW YORK, Oct 29 (Reuters) - A plunge in consumer confidence this month to the lowest level in nine years left the corporate bond market mostly treading water on Tuesday, although three companies did manage to sell $800 million in new securities. The Conference Board, a private business research group, said worries over jobs and a possible U.S. attack on Iraq pushed the Consumer Confidence Index down to 79.4, its lowest level since November 1993, from 93.7 in September. ...
Premium Content (PAID Subscription Required)
"US Corp Bonds - Weak consumer confidence hits bonds" 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:
All of WardsAuto's reliable, in-depth industry reporting and analysis
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.