Novartis, Total and Vodafone star as Fed juice powers US bid.

The article reports on the participation of Novartis, Total, and Vodafone in the U.S. bond market to raise funds at record low rates. The bid for investment grade credit was helped by the sharp sell-off in Treasuries. In September 2012, corporate borrowers have sold more than 56 billion U.S. dollars of investment grade bonds.