Data compiled by Bloomberg. Internet commerce company Alibaba Group Holding Ltd. which sold $8 billion in bonds in one month, helping push this year’s bond volume past the previous high of $1.494 trillion set in 2013.
In 2014 a lot of mutual funds were converted to bonds and bond sale outpaced stock sales. The point here is that many stock, bond and mutual fund sales are conversions rather than new purchases.
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