Corporate Bonds Give Reassuring Signals Amid Market Jitters

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Treasury yields have fallen, but the corporate-bond spread remains modest. Investors say that’s a good thing.

In recent weeks, the extra yield, or spread, investors demand to hold U.S.

corporate bonds over Treasurys has generally increased, a sign of reduced risk appetite among investors. Spreads, however, have leveled off in recent days and remain well below the levels they reached in early January and during previous growth scares,...

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