21. Mortgage bonds gained less than U.S. Treasury notes as narrow yield premiums and the threat of heightened yield swings gave investors little incentive to buy. 22. Other Latin American bonds were little changed, as was the yield premium they pay over U.S. Bonds. 23. Others, such as junk-rated Brooks Fiber, have been able to offer a narrower yield premium, or spread, on their bonds than expected. 24. Some are reluctant to buy the some of the securities, especially since some have already gained a bit, causing yield premiums, or spreads, to shrink. 25. Similarly rated bonds these days pay double that yield premium. 26. Some bonds backed by credit cards are now cheaper relative to Treasury securities than they were in recent months, based on their yield premiums, or spreads. 27. Sooner or later, investors may take a stand and demand a bigger yield premium to live with the risk of rising defaults. 28. Some investors are crossing the line into junk bond territory because high-grade corporate bonds offer such thin yield premiums. 29. The gains drove yield premiums to their narrowest in recent memory. 30. The ruling, now being appealed, is the first to question the legality of yield spread premiums. |