Improved sentiment in some parts of the corporate bond market has led to a flurry of bond issues in the first days of 2009, with investors ranging from traditional bond holders to equity buyers seeking high-quality debt with juicy yields.

Many analysts and investors have recently struck a bullish note about good quality corporate bonds, highlighting them as an attractive investment relative to buying shares in the same company. Historically low yields in government bonds are also encouraging some investors to seek higher-yielding options.