MARKET TALK: BP Bond Yields Soar

25th Jun 2010 14:31

1329 GMT [Dow Jones] Bond yields for BP PLC's outstanding debt securites are up significantly in light trading. The most active of BP's six issues is the 3.875% of March 2015, which is now yielding 8.547%, 44 BP wider than Thurs. The spread on the 2015 note is up 513BP in the last 30 days, according to MarketAxess. ([email protected]) Contact us in New York. Darlene Ross, 212 416-2166; [email protected] (END) Dow Jones Newswires June 25, 2010 09:31 ET (13:31 GMT)