This year's Fed rate cuts and expectations for as much as US$100 billion in government stimulus spending have fueled expectations the economy will start growing again early next year.
By contrast, the International Monetary Fund forecast Thursday that Japan's economy will shrink 0.9 percent this year and 1.3 percent next year.
Economists also expect that with just four interest-rate reductions by the European Central Bank this year, the 12-nation euro economy will take longer than the US to rebound.
Still, the impetus to issue corporate debt will wane as evidence mounts that US growth is picking up, investors said.
That may limit the dollar's gains from foreign bond buyers next year.
RSS