AAA bond yields outpace AA levels

08/19/2013 | Bloomberg

AAA-rated corporate bond yields are higher than AA-graded debt for only the second time in the past 10 years. According to a Bank of America index in mid-August, the 2.86% average yield for $34.2 billion of bonds that were the highest rated was 0.27 percentage point more than for AA. This marked the largest such differential since 2009.

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