Wolf Richter www.wolfstreet.com www.amazon.com/author/wolfrichter
Just about every aspect of the US credit bubble is setting new records these days. Now corporate bond sales did it: they punched through the $1.5-trillion mark, beating the full-year record of $1.49 trillion in 2013. It’s a feeding frenzy – corporations and Wall Street feeding on cheap investor money before rates go up.