The debt markets have seen a massive increase in activity this week with large debt offerings from five companies raising over $12 billion.
Morgan Stanley led with a $4 billion self-offering of 10-year global subordinated notes.
General Electric Capital Corp. issued $3 billion of notes in a three part sale, which included $1 billion in two year floating rate notes sold abroad and the same amount sold domestically, along with $1 billion in five year notes.
FedEx Corp. issued $1.6
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