There has been a lot of attention paid to Fed support of corporate debt markets and its spillover effects. But

There has been a lot of attention paid to Fed support of corporate debt markets and its spillover effects. But ECB has long bought corporate debt & there too, HY segment benefits indirectly.
@ahirtens reporting.
wsj.com/articles/europ… https://t.co/9l4EbwIsmI

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