Market Currents
A fall in the short-term bond yields of Exxon Mobil (XOM) and Johnson & Johnson (JNJ) to...
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Wednesday, November 7, 2012, 6:28 AM ETA fall in the short-term bond yields of Exxon Mobil (XOM) and Johnson & Johnson (JNJ) to below those of comparable Treasurys - a rare phenomenon caused by soaring demand as investors seek safety and a bit of return - is prompting some investors to predict that top-rated companies could soon be able to issue debt at cheaper rates than the government. "It's only a matter of time," says Carret's Jason Graybill.
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