Sorry!! The article you are trying to read is not available now.

Bond Trading Costs Soar as Abbott Sells Debt

Print comment Post Comments
"The gap between the cost to buy and sell corporate credit reached the widest in nine months in another sign investors are increasingly wary of all but the safest government bonds amid Europe’s sovereign debt crisis," according to Bloomberg. Meanwhile, Abbott Laboratories sold $3 billion of notes in the biggest U.S. corporate bond offering in a month. "The offering included $1 billion of 4.125 percent, 10-year bonds that paid 90 basis points more than similar-maturity Treasuries."
SOURCE:   Bloomberg