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So far in January, investors have bid about €1.04 trillion (US$1.13 trillion).
Corporate bonds lost $1 trillion, and there's more trouble ahead.
Sellers desperate for funding swallow double-digit costs around the world.
Coronavirus fears halt bond sales: Zero offerings in the first three days of this week is the longest break in more than 18 months (barring holidays).
End of ECB stimulus and worsening economic climate are expected to continue pushing borrowing costs higher in the EU in 2019.
Investors fret cost of move will mean more debt, ratings downgrade.
Cargill and P&G are among the companies finding good demand for their debt in Europe.
Treasurers reap benefit of corporate debts status as safe haven.