Companies have cut borrowing expense to lowest level since 2002, making it harder to squeeze costs.
By Whitney Kisling, Bloomberg|December 10, 2012 at 04:10 AM|Originally published on Treasuryandrisk.Com
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Companies in the Standard & Poor’s 500 Index are paying less in interest on debt than any time in at least a decade, leaving investors more dependent on economic growth and corporate spending for equity gains in 2013.