The US investment grade bond market has never been stronger. Investors are pouring money into the market, spurred by quantitative easing and their own confidence in cash-rich corporate balance sheets. As Stefanie Linhardt reports, that means ultra-low rates for borrowers, big deals and lots of issuance. With so much prefunding done in 2012, matching that volume this year is likely to depend on how much M&A gets going.
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