Bond Prices Rebound in Brisk Sales; CREDIT MARKETS Bonds Recover in Brisk Selling $800 Million Of New Issues Campbell Soup Notes at 9 7/8% C.I.T. Financial Raises Offering 2 Mortgage-Backed Bond Issues
The credit markets recovered yesterday, climbing out of the slump they entered Tuesday. Bond prices advanced, new corporate bonds sold rapidly, and some were increased in size. Shortterm interest rates dropped.
