Good morning. The news of the big fiscal packages out of the EU and Japan are yet another reminder of the debt-led approach aimed at stopping short-term problems becoming embedded in the economy long-term and hampering longer-term growth. A similar approach is being taken by the corporate sectors as illustrated by this article in the Financial Times . Among the notable numbers, a 25% YTD surge in high yield issuance supplementing the $1 trillion raised by investment grade companies in the first five months of the year. https://lnkd.in/gtYhvHB #economy #markets #debt #credit #ft #bonds #interestrates #investing #highyield #investmentgrade #stocks #fixedincome #covid19 #covid #coronavirus …see more