Corporate Bond Volatility Falls Below Treasuries: Credit Markets
Bloomberg – Nov. 14, 2011 – By Tim Gatts
Investment-grade company debt is proving a haven for bondholders whipsawed by swings in Treasuries as Europe’s debt crisis rattles credit markets.
Corporate bonds are the least volatile relative to Treasuries since at least 2002, based on price movements in exchange-traded funds from Barclays Plc. The gap expanded to 4.53 percentage points as of Nov. 11. As recently as seven weeks ago, the 30-day …