Have IBM's well-honed instincts for tapping the bond markets struck again? The company has...

|By:, SA News Editor

Have IBM's well-honed instincts for tapping the bond markets struck again? The company has reportedly issued $1B of 10-year notes with a record-low coupon of 1.875%. "So lemme get this straight," writes Conor Sen, "I can lend money to IBM for 10 years at 1.875% or buy the stock yielding 1.78%?"