Corporate Bonds

June 30th, 2008 11:45 am | by John Jansen |

Corporate bonds are a tad tighter in very very light quarter end trading. There are no new issues on the docket for today.  Traders and sales people with whom I spoke uniformly expect the level of activity to remain subdued until after the July 4th holiday.

Separately, Lehman, BankAmerica and Barclays are each advising investors to sell corporate bonds as softer earnings and heavy issuance will pressure spreads wider.

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