For many years, corporate bonds have been a stable source of finance for many U.S. companies. Bonds are the central market mechanism used to create and expand businesses. This efficient, market-driven process, when unhindered by government intervention, produces the desired effect of economic growth.
Multinational corporations have been going into serious debt, raising substantial amounts of capital by selling corporate bonds to investment firms. For example, as of 08/2017, Apple’s corporate bond debt was $5.5 billion. As of 06/2017, Microsoft’s debt was $86.2 billion. Amazon’s was $7.7 billion.
