Inquiring minds are reading Junk Bonds Selling at Briskest Pace Since 2007. Companies are selling high-yield, high-risk bonds at the fastest pace since credit markets seized up in 2007 amid signs the economic recovery is gaining momentum. Renault SA, the second-largest French automaker, Pittsburgh-based U.S. Steel Corp. and other speculative-grade borrowers issued $24.2 billion of high-yield notes in March through last week, putting this month on course to be the busiest since June 2007, …

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Investors Chase Risk in Junk Bonds at Fastest Pace Ever