Sales of 30-year corporate debt hit $86.3B YTD this week, already surpassing the $84.7B sold in...
Sales of 30-year corporate debt hit $86.3B YTD this week, already surpassing the $84.7B sold in all of 2011. Rubbing their eyes in disbelief over the low yields available, businesses are rushing issues to market, and pension plans - desperate for yield and shunning the Treasury market - are eager buyers. LQD +4.3% YTD while yielding 4%.
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