1.   Yield spreads of Junk bonds over Treasuries have narrowed a touch, though they remain wide.

2.   Among junk bonds, yield spreads have changed little in the three weeks since Fed Chairman Alan Greenspan warned that high-yield bonds might be overvalued.

3.   Analysts think yield spreads will narrow, though credit risk will prevent them moving closely in line.

4.   As Treasury yields sank and yield spreads narrowed, companies locked in some of the lowest borrowing rates in recent memory.

5.   Attridge said the yield spread being touted on the new Poland bond is too skimpy to interest him in buying the bonds.

6.   A narrower yield spread to government bonds typically shows increased investor confidence in a corporate bond.

7.   All these reasons help explain why yield spreads have tightened.

8.   All figures are in terms of yield spread, in basis points, over U.S. Treasuries.

9.   Also, the average yield spread has stopped expanding rapidly.

10.   Corporate bond yield spreads, or the difference in yields between corporate bonds and Treasuries, were generally stable, traders and investors said.