At $1,000 billion, the amount of corporate bonds issued this years signals a turnaround for credit markets. Issuance has increased due to low borrowing costs and increased investor demand. This makes issuing bonds much more attractive, bringing yields up to a record breaking level. Although yields on treasury bonds are still low, I still believe that this is a signal of a strengthening economy. Also, optimism about an economic turnaround has opened up the opportunity for investment.
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