Bank Bonds Lure TCW After Stock Decline, P&G Spreads Widen: Credit Markets
by admin on February 2, 2010
in Distressed Real Estate News, asset-management, bankruptcy, bloomberg, bloomberg-news, business-news, economy, europe, european, fall, financial, free, government, industry, investment, london, management, markets, matter, nation, north, obama, officer, past, people, president, report, reporter, research, time, utf, world, year
By Pierre Paulden and Caroline Salas Feb. 2 (Bloomberg) — President Barack Obama’s proposals to limit the size of U.S. banks helped wipe out $430 billion of financial companies’ stock market value and also made their bonds irresistible to some of the nation’s biggest investors.
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Bank Bonds Lure TCW After Stock Decline, P&G Spreads Widen: Credit Markets
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