Fed Vow Boosts Debt Binge as Borrowers Cut Thousands of Jobs
A Sysco Corp. tractor trailer sits parked outside the company’s distribution center. (Photographer: Luke Sharrett/Bloomberg)

Fed Vow Boosts Debt Binge as Borrowers Cut Thousands of Jobs

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(Bloomberg) -- Soon after the Federal Reserve’s March 23 assurance that it would make borrowing easier for American corporations, Sysco Corp. sold $4 billion of debt.