Bloomberg American companies will become even bigger buyers of bonds sold by their peers as negative interest rates worldwide intensify pressure on them to deploy their $4 trillion cash pile, according to Citigroup Inc. “In their search for yield, companies are likely to increase their allocation toward 1-5 year corporate bonds rated A or higher,” said Ajay Khorana, global head …

WARSAW / Bloomberg Polish Central Bank (PCB) Governor Marek Belka said rate setters are debating how to transition from their pause in monetary easing as they weigh the risk of deterioration in the global economy and potential capital inflows as a result of the euro area’s quantitative easing program. The 10-member council left the seven-day reference rate at a record-low …

Ottawa / Bloomberg Canadian stocks rose, joining a rally in global markets as growing optimism on European stimulus overshadowed a surprise increase in Canada’s jobless rate. The Standard & Poor’s/TSX Composite Index rose 1.1 percent to 13,522 in Toronto, to the highest since December 1 while capping a second weekly increase. The resurgent S&P/TSX is one of the best-performing developed …