Bank Of America Bonds Rise On Meredith Whitney?s Soothing Words

As concerns diminish midweek, so too does the spread over treasuries on several of Bank of America's bonds. Yesterday the bank's May 2021 issue screamed higher to yield 6.5% and although the mid-yield is merely two basis points lower on Wednesday that's a better performance than the benchmark note whose yield rose by five basis points to 2.20%.

Source: http://www.forbes.com/sites/greatspeculations/2011/08/24/bank-of-america-bonds-rise-on-meredith-whitneys-soothing-words/

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