War, economy worries may stifle US corporate bonds

Newswire

By Jonathan Stempel NEW YORK, Sept 27 (Reuters) - Worries about war, company profits and the economy may strain the U.S. corporate bond market in the final quarter of 2002 and beyond, though investor losses may be modest if interest rates stay low, investors and analysts said. "You really have to scrub the names and buy something you're comfortable with," said Joe Jackson, who helps invest $3 billion for BB&T Asset Management in Raleigh, North Carolina. Accounting scandals, sinking ...

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