U.S. Bond Issuance Nears $1 Trillion
U.S. corporate bond issuance is hurtling toward a record for a third straight year, as companies take advantage of a surprising interest-rate decline to stock up on cash. Firms may top the $1 trillion mark soon after Labor Day at the current rate. WSJ’s Mike Cherney joins MoneyBeat. Photo: U.S. Treasury.
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