Credit Rally Extends on Fed With Spreads at 22-Month Low
(Bloomberg) -- A global rally in corporate bonds that has dragged credit spreads down to their tightest in 22 months marched ahead in Asia on Thursday given the dovish signals from the Federal Reserve.Most Read from BloombergCitigroup Offers Partial Early Bonuses to Encourage Staff DeparturesElon Musk Is Planning a New University in AustinJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneTesla Recalls 2 Million Cars to Fix Autopilot Safety FlawsFed Pivots to Rate Cuts as Inflation
Source: yahoo.com
