1139 ET - U.S. credit spreads widened earlier this month as heightened policy uncertainty gripped markets. The added volatility slammed investors' risk calculus, forcing some to pull back from the bond market. As trading calms, more investors will be able to dip their toes back in, a trend that may help spreads tighten again, Bank of America analyst Yuri Seliger writes to clients. Fund outflows from investment-grade bond funds have started to slow, he notes, adding that investors say they expect investment to rebound in the months ahead. (matt.grossman@wsj.com; @mattgrossman)
(END) Dow Jones Newswires
April 29, 2025 11:39 ET (15:39 GMT)
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