Blockbuster: Corporate, Bank Debt Sales Break Records In Busy First Week

How anxious are corporate management teams to get out ahead of Donald Trump's inauguration? Very. Or at least that's what the debt markets seem to be saying. For the first time since 2012, banks were pricing corporate bond deals on the first trading day of the year. Nearly a dozen firms sold roughly $20 billion in debt in the US last Tuesday - the most on record. Here's what that figure looks like in context: (Chart: FT) By the end of the week, supply totaled at least $73 billion (whic