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Lower Oil, Higher Stocks Help High-Grade Debt

Forex News: Investment-grade corporate bonds, as measured by the benchmark derivatives index, the Markit CDX IG10, tightens to 140.5/141.5 bps as stocks trade higher and oil prices fall. The CDX closed at just under 144 bps. Wells Fargo posted a better-than-expected earnings report Wednesday, which offset news that U.S. consumer prices soared at their second fastest pace in a quarter century last month.



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