Blue-Chip Borrowers Sell Debt In Droves.

The article reports that corporations are taking advantage of low interest rates by issuing large volumes of debt. By one estimate some $51 billion in corporate bonds were sold during a two-day period in September, 2010. Health-care company Allergan Inc. raised $650 million by selling bonds with a yield of 3.375%, the lowest rate for a U.S. corporate ten-year bond in at least 15 years.