US HIGH YIELD-Risk appetite hardy as supply swells


By Dena Aubin NEW YORK, March 23 (Reuters) - Low-rated U.S. companies are selling bonds at a record pace, a sign investors are still willing to take on risk despite a recent global equities sell-off and mounting losses in the subprime mortgage market. Debt issuance year to date by speculative-rated U.S. companies soared to $34.4 billion through Tuesday, up 71 percent from the same period in 2006 and the busiest beginning to a year ever, according to financial data provider Dealogic. ...

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