The yield spread between junk-rated corporate bonds and U.S. Treasuries fell late on Thursday to its narrowest level in more than two years, in a sign that overall investor confidence is growing.On the ICE BofA U.S. High Yield Index (.MERH0A0), a commonly used benchmark for the junk bond market, th…
Junk-bond spread over US Treasuries contracts to lowest since Jan 2022
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