2013-03-18cnbc.com

The central bank's cheap-money policies have allowed borderline companies to get low-cost financing thanks to investors who are thirsting for yield and buying risky bonds as the Fed keeps its target funds rate near zero.

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"Everyone is running out there to raise debt," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York. "Of course the more speculative situations are rising."



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