| We consent to the use in Pre-Effective Amendment No. 1 to
Registration Statement No. 333-39474 on Form N-1A of our report dated August
14, 2000 to the Board of Directors and Shareholder of Mercury U.S. High
Yield Fund, Inc., and our report dated July 19, 2000 to the Board of Trustees
and Investors of Master U.S. High Yield Trust, and to the reference to us
under the caption “Independent Auditors” all of which appear in
the Statement of Additional Information, which is a part of such Registration
Statement. |
