Last week's $33 billion-plus of new corporate bonds saw new record lows for interest rates and a new record for an emerging-market U.S.-dollar issue.
Petrobras
IBM
Procter & Gamble
McDonald's
At least one company was willing to add just a bit of color to its plans for the new money. Praxair's
Corporations continue lining up to take advantage of low interest rates and have been announcing plans to fund share buybacks with debt. Foolish investors should think very carefully before taking the other side of that trade.
- Add Praxair to My Watchlist.
- Add Procter & Gamble to My Watchlist.
- Add Petroleo Brasileiro to My Watchlist.
- Add McDonald's to My Watchlist.
- Add International Business Machines to My Watchlist.