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A fall in the short-term bond yields of Exxon Mobil (XOM) and Johnson & Johnson (JNJ) to...

A fall in the short-term bond yields of Exxon Mobil (XOM) and Johnson & Johnson (JNJ) to below those of comparable Treasurys - a rare phenomenon caused by soaring demand as investors seek safety and a bit of return - is prompting some investors to predict that top-rated companies could soon be able to issue debt at cheaper rates than the government. "It's only a matter of time," says Carret's Jason Graybill.
Comments (1)
  • Issue debt... buy stock
    7 Nov 2012, 12:00 PM Reply Like
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