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Corporate-bond sales surge as investors hunt for returns
Corporate-bond sales this year are near a 2009 record as investors pursue higher returns than seen in government bonds and as companies take advantage of low borrowing costs. "There's a lot of money out there looking for a home," said Elisabeth Afseth of Investec Bank. "Government bonds give you almost nothing, so you're left with corporate bonds, which give you a little bit more than nothing."

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