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I think we are bound to get to negative (transaction) yields eventually on these companies, investors are having to choose between a bank deposit rate that is negative and a company rate that is slightly less negative. The company may be the better credit risk, particularly if it is AAA-rated.

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    Who said: "Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future."?
    A Lyndon B. Johnson
    B Gerald Ford
    C John F. Kennedy
    D Jimmy Carter