U.S. Corporate Bond Sales Smash Record, Soaring Over $1 Trillion
Last Thursday, that US debt boom reached an astonishing milestone: $1 trillion worth of investment-grade corporate debt sales had been brought to market in the first 149 days of the year. In 2019, a fairly typical year in the bond market, that figure wasn’t reached until November. With new issuance not letting up, equipt your…