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IPFS News Link • Economy - Economics USA

The Merchants of Red Ink

6-7-2006 • BusinessWeek

In recent years, with interest rates low and credit easy, U.S. companies have gorged on high-yield debt. There was more than $1 trillion worth of high-yield issues in the U.S. last year, up from $750 billion in 2002.

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Reported By Powell Gammill

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