“Financial spreads in secondary paper were unchanged-to-5 basis points tighter on light volume for the Thanksgiving holiday and we saw $859 million of net client buying lead by Consumer Discretionary, Industrials and Utilities with Technology, Consumer Staples and Materials seeing light net client selling.”

Get your updates on the credit market each week with Talking Tuesdays from Stephen L. Haas, Head of Credit Trading for AmeriVet Securities.