Company-Government Spread Widens as Banks Sell Debt

Posted on January 18, 2010 by

Jan. 18 — The cost to borrow in the corporate bond market is rising for the first time since November as Barclays Plc, Lloyds Banking Group Plc and more than a dozen other European banks sell record amounts of fixed-income securities to refinance $2 trillion of debt due this year.

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Company-Government Spread Widens as Banks Sell Debt