Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for Hartford Financial Services Group Inc. > News item |
Midday Commentary: Secondary market trading better; Hartford Financial Services notes firm
By Aleesia Forni
Virginia Beach, Va., April 18 - Trading in the investment-grade secondary bond market was "a little better" early during Thursday's session, one market source commented at midday.
The Markit CDX Series North American Investment Grade index was 1 basis point tighter at a spread of 83 bps.
Meanwhile, the trader saw Hartford Financial Services Group Inc.'s recent deal trading 1 bp better compared to levels seen Wednesday.
The 4.3% notes due 2043 were quoted at 144 bps bid, 140 bps offered.
Hartford sold the notes at a spread of Treasuries plus 145 bps on Monday.
Based in Hartford, Conn., the Hartford Financial Services Group is a financial services holding company and parent company for the Hartford Insurance Co.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.