MarketWatch: “BofA holds No. 1 position in corporate bond underwriting, with Wells Fargo moving up to No. 2 as the overall pie shrinks”
By datatrekresearch in IN THE NEWS
Excerpt from MarketWatch quoting DataTrek co-founder Nick Colas:
... "However, some encouraging signs have surfaced as spreads on high-yield corporate bonds over comparable Treasurys have tightened in recent weeks.
“U.S. corporate bond spreads continue to tighten and are now essentially the same as 2017–2019,” said Nicholas Colas, co-founder of DataTrek Research"....
Full article here on MarketWatch.
