The junk bond market continues to chug along, as jumbo issues come out of the pipeline and investors keep snapping them up.

Nearly $2.5 billion of junk bonds had been priced by late last week, bringing year-to-date volume to $13 billion. That compares with $7.5 billion for the same period last year, according to Edward Mally, head of high-yield research at CIBC Oppenheimer Corp.

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