Verizon Launches Biggest Bond Sale Of All Time

Verizon Communications Inc. (NYSE:VZ) has launched a $49 billion bond sale this morning. The sale is likely to be the biggest of all time, with the previous holder of the title being Apple Inc. (NASDAQ:AAPL). The smartphone maker sold $17 billion in bonds last April. The market doesn't seem to pushed on the Verizon deal today—the company's stock is down a little in early trading.

The telecommunications company will sell as much as $49 billion in debt today, according to sources that spoke to The Wall Street Journal. The mobile carrier doesn't...