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published Oct 10, 2017, 5:11:33 PM, by Liz Capo McCormick (Bloomberg) —Marty Mitchell recalls how his colleagues on the trading desk at Perpetual Savings Bank in Virginia, along with the rest of the bond market, were stunned in June 1987 by the resignation of Federal Reserve Chair Paul Volcker and the choice

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Copyright 2015 Bloomberg. NJJ5C06VDKHW (Bloomberg) — Microsoft Corp. sold $10.8 billion of debt in its biggest bond sale on record, taking advantage of investor demand for the highest-rated corporate securities. The world’s largest software maker sold notes in six parts, including $2.25 billion of 40-year obligations with a 4 percent coupon,

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