Heavy Bond Sales As Gap Falls From Retail Clouds |
May 23, 2011 | May 2011 Bond Updates |
Risk aversion remained a critical driver sending government bond yields lower and creating a comfortable backdrop for corporate paper. However, the path is never smooth as was amply demonstrated by a price gap lower for leading retailer The Gap. Investors looked instead to Macys paper for lower risk and better value. |
View more at: http://blogs.forbes.com/greatspeculations/2011/05/20/heavy-bond-sales-as-gap-falls-from-retail-clouds/ |
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