But they're not using the money for capital expenditures, they're just moving it to short-term investments.

But they're not using the money for capital expenditures, they're just moving it to short-term investments.

French drugmaker Sanofi is the first nonfinancial company to sell debt with negative yield.

French drugmaker Sanofi is the first nonfinancial company to sell debt with negative yield.

Hunt for yield puts borrowers in the driver's seat.

Hunt for yield puts borrowers in the driver's seat.

Investors' hunt for yield means demand eclipses supply in the leveraged loan market; some borrowers are taking advantage by changing agreement terms.

Investors' hunt for yield means demand eclipses supply in the leveraged loan market; some borrowers are taking advantage by changing agreement terms.