Surge in new collateralized loan obligations helps push prices to five-month high.

Investors are funneling funds into leveraged loans, raising risks by increasing incentives for borrowers to refinance.

Investors are funneling funds into leveraged loans, raising risks by increasing incentives for borrowers to refinance.

Many securities lack safeguards to allow creditors to sell debt back to issuer in case of a merger.

Financial institutions commercial paper shows smallest premium to bills since August.

Financial institutions commercial paper shows smallest premium to bills since August.

Low borrowing costs elicit $430 bln of corporate issuance.

Low borrowing costs elicit $430 bln of corporate issuance.