Tourist trap: day trippers cannot resist the yield in levfin

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Tourist trap: day trippers cannot resist the yield in levfin

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The traditional investment grade debt buyers that have ventured into Europe's high yield and leveraged loan markets since quantitative easing sucked much of the juice out of high grade markets are showing no sign of losing their thirst for levfin, despite the looming end of QE, writes Victor Jimenez.

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