Commercial paper makes record weekly plunge
NEW YORK – (AP) Commercial paper posted its biggest weekly plunge ever, as banks sold more long-term debt instead to finance their operations. The amount of commercial paper outstanding in the market dropped by $98.8 billion to a seasonally adjusted $1.59 trillion in the we
Also tagged 1-59-trillion, 98-8-billion, commercial, commercial-paper, market, more-long-term, new, paper-posted, york