US Corp Bonds-Widening on supply; trade drying up

Newswire

By Nancy Leinfuss NEW YORK, Nov 20 (Reuters) - The high-grade corporate bond market ended on a weaker note on Thursday as heavy supply this week weighed on the market and secondary trading activity leveled off ahead of year-end, traders said. "We traded kind of sideways today. We opened wider, then tightened up a bit but later turned wider again," said one investment grade trader. Spreads, the extra yield corporate bonds pay over U.S. Treasuries, finished 0.02 to 0.3 percentage point ...

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