Photo: The Marriner S. Eccles Federal Reserve building in Washington, D.C., on Februart 27, 2024. Photographer: Moriah Ratner/Bloomberg The Marriner S. Eccles Federal Reserve building in Washington, D.C., on February 27, 2024. Photographer: Moriah Ratner/Bloomberg

The primary U.S. investment-grade corporate bond market logged its busiest first quarter on record, supercharged by investors clamoring for high yields before the Federal Reserve starts cutting interest rates.

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