Mish/ Mike Shedlock – Debt Sells Like Hot Cakes As Corporations Raise Cash; Beranke FED Distortions – 9 January 2013

In five January business days, corporations sold $52.75 billion in debt according to Informa Global Markets. MarketWatch highlights that point in companies sell debt like hot cakes

Companies have flooded the market with new debt to start the year, even after the recent jump in Treasury yields, as they deem market conditions good enough and eager buyers plentiful enough to make deals go smoothly.