Despite continued worry about Europe and record high yields for Italian sovereign debt,...

|By:, SA News Editor

Despite continued worry about Europe and record high yields for Italian sovereign debt, corporations are piling into the debt markets in an effort to lock in low interest rates before year end. Monday was the third busiest day this year for investment grade corporate issuance — at $15.5B - according to Thomson Reuters IFR. "We had thought we'd have $20 billion for the week," says Brookfield Investment's Joel Levington, "and we're almost there today."