GE (GE) has become the latest to take advantage of ultra-low interest rates to sell $7B worth of...

|By:, SA News Editor

GE (GE) has become the latest to take advantage of ultra-low interest rates to sell $7B worth of bonds in the third-largest corporate-debt sale this year and the conglomerate's first since 2007. GE sold $2B in 3-year paper at 0.859% vs. 0.308% for comparable Treasurys, $3B of 10-year bonds at 2.727% vs. 1.625%, and $2B in 30-year debt at 4.158% vs. 2.821%, the WSJ reports.