Corporate Bonds

April 30th, 2009 2:27 pm | by John Jansen |

The demand for quality name investment grade paper continues pretty much unabated today. Spreads are about a nickel tighter.

There is some angst over the Chrysler contretemps but it has not derailed the basic theme of spread narrowing and risk accumulation.

Nokia sold $ 1billion 10 year notes today at T+ 2 3/8. The issue is now 220 bid.

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  1. One Response to “Corporate Bonds”

  2. By BL on Apr 30, 2009 | Reply

    “Other markets pointing to improving sentiment and returning risk appetite include the US high-yield corporate bond markets, which saw their best ever monthly return in April” — FT

    The junk man has had a good month.

    BL

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