Wednesday, May 30, 2007

US HIGH YIELD-Spreads at record low but concerns mount

(Reuters) - Average junk bond yields fell to 242 basis points more than
U.S. Treasuries on Tuesday, down from a recent high of 299
basis points on March 5, according to Merrill Lynch data.




The previous record low spread of 244 basis points was set
in 1997 and was matched last Wednesday, according to Merrill
Lynch.


Read more at Reuters.com Bonds News

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