On Dull Day for Bonds, Financials Still Suffer |
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June 06, 2011 |
June 2011 Bond Updates
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Corporate bond trading was lackadaisical on Monday with relatively benign action, although the trend was unambiguous as financial names continued to suffer from investor selling. Government bond yields appear to have fallen just about as far as they can go with yields benefitting over the past two months with the tailwind of data indicating a slowing economy and less fear over inflation. Corporate spreads over governments continue to widen across most financial names as investors move to sidestep the sector in the event that the weight of economic slowdown negatively impacts bankers’ balance sheets.
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View more at: http://blogs.forbes.com/greatspeculations/2011/06/06/on-dull-day-for-bonds-financials-still-suffer/
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