Corporations often issue callable bonds, and those bonds make sense sometimes but there are times when they don't make any sense at all. Read through these short articles and provide an answer to the question "Should corporations be issuing callable bonds in the current interest rate environment?" In addition to citing facts and sources, you should provide a justification. You should look at both sides of the question -- if it was "Yes, always" or "No, never" then it would not be one of the questions being asked this week, would it? Try to stretch your mind around the answer and explain the pros and cons of it in today's environment and in the foreseeable future. We are taking the perspective of the corporation issuing the bond -- NOT the investor buying the bond. Your answer might also differ if you were talking about what Walmart should be considering than if you were talking about what Facebook should be considering.