Claires Stores, Chesapeake Energy sell debt as borrowing costs tumble.

Lender aims to regain investment-grade after exiting bankruptcy.

Lender aims to regain investment-grade after exiting bankruptcy.

Plane-leasing business offers higher yield on notes than similarly rated companies.

Plane-leasing business offers higher yield on notes than similarly rated companies.

Difference increases as investors price in slow growth, Europes debt crisis.

Difference increases as investors price in slow growth, Europes debt crisis.

Watjen says returns on high-yield not equal to risk; buys utility debt instead.