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Bank of England adds fuel to already exploding corporate debt market

from CNBC

U.S. corporations are on track to raise a trillion dollars in new debt this year, and the Bank of England just added more fuel to the bond fire. The BOE cut rates by a quarter point, as expected. But as part of its policy easing, it also announced an expansion of quantitative easing, and like the European Central Bank, it included corporate bonds in its plans. more

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