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Banks prop up corporate bond market amid record debt sales
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fnlondon.comUS banks are overrun with cash. So they are loading up on debt.
The six largest US lenders have issued some $314bn of bonds so far this year, already the most for any year since 2008, according to Dealogic.
Since banks reported their third-quarter financial results earlier this month, Goldman Sachs Group, Morgan Stanley and Bank of America have...
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