61. In recent weeks, however, buyers of commercial paper have been charging higher interest rates for their money amid growing concerns about credit quality. 62. Investors are willing to accept the slim yield spreads on corporate bonds because credit quality remains strong, reducing the risk of defaults and downgrades. 63. Investors with plenty of cash to put to work and optimism about corporate credit quality have snapped up new bonds lately. 64. Investors, hungry for yield, are comfortable with corporate debt because economic prospects are good and credit quality is improving. 65. Investors are betting that mergers and acquisitions among banks will cut costs and lead to better credit quality. 66. Investors like these bonds because they offer relatively high yields alongside top-notch credit quality. 67. It drew buyers by the sheer visibility of its name, its credit quality and the yield spread over Treasury securities with a similar maturity. 68. It has an average credit quality of BB. 69. Investors, confident that corporate credit quality will stay strong, keep pouring money into corporate bonds. 70. It takes a fairly cautious course both in terms of credit quality and holding the duration of its portfolio to a moderate level. |