"The social system of private property and limited government is the only system that tends to debarbarize all those who have the innate capacity to acquire personal culture."
~Ludwig von Mises
Jun 21, 2020
Randall Forsyth on record corporate bond issuance
More than $1 trillion of investment-grade corporate bonds have been brought to market this year, at twice the year-earlier pace. High-yield issuance is running more than 50% higher, at $180 billion.
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