US CREDIT-Visteon bounces despite quarterly loss


By Dena Aubin NEW YORK, Oct 28 (Reuters) - Bonds of Visteon Corp. enjoyed a healthy bounce this week, but until the auto parts supplier retools its business agreements with former owner Ford Motor Co., credit investors could face more turbulence. Despite a wider quarterly net loss of $1.36 billion posted by Visteon on Wednesday, spreads on its bonds narrowed and the cost of insuring its debt fell. Analysts and traders attributed the gains to possible short-covering and a slight ...

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