This is just what it is. Given an interest rate regime, CFO's will react accordingly and this is that reaction. Also, it's odd to see dividends and buybacks i

This is just what it is. Given an interest rate regime, CFO's will react accordingly and this is that reaction. Also, it's odd to see dividends and buybacks in the same data. Finally - both activities are not bad at all. Buybacks are a strong signal to the market the company believes in it's valuation (FYI investors have access to the same 'cheap capital') and dividends are profits getting out. None of this is bad, but it's going to get hard to get off of the sugar addiction.