Corporate Bonds

March 31st, 2008 10:25 am | by John Jansen |

 The corporate bond market, in the words of one trader, is violently unchanged this morning. There is a spate of issuance but it does not seem to have dramatically impacted spreads. On the credit front the woes of cholestorol medicine vytorin have wounded Merck and SGP. SGP spreads are certainly wider on the day on the news.

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