US corporates stay tight as bull market rages amid Yellen replacement concerns

David Rothnie

October 26, 2017 07:45 PM

Yellen Leaving — Federal Reserve Chair Janet Yellen leaves after delivering remarks following a Federal Open Market Committee (FOMC) meeting in Washington, D.C. on September 20, 2017. Yellen announced that the Federal Reserve will keep interest rates unchanged and leave them at their current rate. Photo by Kevin Dietsch/UPI | KEVIN DIETSCH/UPI/PA Images

Corporate borrowers dashed to print as investment grade spreads maintained their record levels ahead of a sell-off in US Treasuries, as speculation grew that US president Donald Trump would appoint a policy hawk to replace Janet Yellen as Fed chief.

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Deutsche Bank JP Morgan Bank of America Americas Barclays Corporate Bonds Morgan Stanley RBC Capital Markets News content Wells Fargo Securities United States North America HSBC

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David Rothnie