A new buyer has emerged in the $8.6tn US market for corporate debt in the years since the financial crisis. It is not a hot new hedge fund or traditional asset manager on Park Avenue. Instead it is the very sellers of these bonds themselves: companies such as Apple, Microsoft, Amazon, General Electric and Ford.
自金融危機爆發以來的數年裏，美國8.6兆美元的公司債市場出現了一類新的買家。它們不是熱門的新對沖基金或者派克大街(Park Avenue)上傳統的資產管理公司。相反，它們是蘋果(Apple)、微軟(Microsoft)、亞馬遜(Amazon)、奇異公司(General Electric)和福特(Ford)等自己也發行債券的公司。
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