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.
自金融危机爆发以来的数年里，美国8.6万亿美元的公司债市场出现了一类新的买家。它们不是热门的新对冲基金或者派克大街(Park Avenue)上传统的资产管理公司。相反，它们是苹果(Apple)、微软(Microsoft)、亚马逊(Amazon)、通用电气(General Electric)和福特(Ford)等自己也发行债券的公司。
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