Corporate Bond Activity Cools, Investors Bide Time |
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May 24, 2011 |
May 2011 Bond Updates
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After a week of blowout corporate issuance and a dip for yields to the lowest so far in 201, there seems to be little incremental appetite for corporate debt on Tuesday. Some of the pressure on stocks was removed although it seems investors see Spartan need to switch further from equities to bonds until at least there are a few more basis points on the table. Google’s recently issued five-year tranche is the most widely-changed hands Tuesday although the range remains pretty narrow as investors flip-and-flop the name.
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View more at: http://blogs.forbes.com/greatspeculations/2011/05/24/corporate-bond-activity-cools-investors-bide-time/
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