* * * * * J B K * * * * *
San Francisco
March 19 (Bloomberg) -- Financial company bonds are beating industrial debt by the most this year after lagging behind in February, encouraging investors to snap up new issues from JPMorgan Chase & Co. and Credit Suisse Group AG.
Debt sold by banks, insurers and brokers returned 0.81 percent this month through yesterday, compared with 0.4 percent for the rest of the market, according to Bank of America Merrill Lynch index data. The cost to borrow for banks is the lowest since February 2008, with yields falling to within 1.93 percentage points of Treasuries on March 18.
http://www.bloomberg.com/apps/news?pid=20601087&sid=abb54OIrjRFc&pos=6
