Yes, companies issued bonds to finance their buy backs. Best example is Boeing, which spent $58B in buy backs to parabolically pump its stock to $420. Today, B

Yes, companies issued bonds to finance their buy backs. Best example is Boeing, which spent $58B in buy backs to parabolically pump its stock to $420. Today, Boeing lost its credit ratings, and is begging Washington for bailouts. Zero interest rates don't help much.