U.S. bonds business investment grade are attracting investors bet a struggling labor market will help contain inflation after yields rose above 4 percent for the first time since early August.
Yields on the debt of borrowers in Bentonville, Arkansas-based Wal-Mart Stores Inc., the maker of computer software to Oracle Corp. in Redwood City, California, have increased from an average of 3.53 November 4 percent, the lowest in history, as gains in manufacturing sales and retail sales data indicated an improvement in the economy, according to the rate of Bank of America Merrill Lynch, which tracks over of 4,400 bonds.
U.S. unemployment, which rose in November to the highest level since April, may take five years to fall to a normal level, while it is possible that the Federal Reserve will buy...