marketwatch KEY DEALS (TT Jun09 p7)

History will tell us that 2008 was the year of the credit crunch, the biggest financial crisis since the 1930s and one that may yet give us a long-tailed global recession, perhaps the worst since that Great Depression. But here’s a thing. Bare statistics about the volumes of corporate bond issuance in the first quarter of 2009 reveal that they have set a never before seen record of around $350bn.