HY Spreads continue to collapse…. BUT more than 70% of lenders reported tighter terms in leveraged market vs. historical norm.

HY Spreads continue to collapse….$HYG $XLF #Provisions #Reserves pic.twitter.com/QFeUvSWVIc

— PlungeProtectionTeam (@gamesblazer06) August 7, 2020

The Fed's treasury holdings alone are rapidly approaching the size of the Fed's entire peak balance sheet following the GFC. pic.twitter.com/lqwi2Gq1am

— Sven Henrich (@NorthmanTrader) August 7, 2020

GS US FINANCIAL CONDITIONS pic.twitter.com/wupDHOD10P

— Win Smart, CFA (@WinfieldSmart) August 6, 2020

More than 70% of lenders reported tighter terms in leveraged market vs. historical norm. pic.twitter.com/jpsGrxa6LH

— Win Smart, CFA (@WinfieldSmart) August 7, 2020