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.
One Response to “Corporate Bonds”
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