Fallen Angel Bonds: Higher Quality High Yield
Fallen angel high yield bonds provide a distinct value proposition that sets them apart from the broad high yield market.
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Fallen angel high yield bonds provide a distinct value proposition that sets them apart from the broad high yield market.
The Fed's ninth and latest rate hike contributes to an environment in which high yield bond funds have become increasingly attractive.
Forecasts for new fallen angels remain low, however the first downgrade of the year occurred in February and March has brought a flurry of rating actions.
A jump in the costs for Wall Street banks to insure bonds against default on Wednesday were another worrisome indicator of credit stress for investors as regulators try to shore up balance sheets... | March 16, 2023
By Mehnaz Yasmin (Reuters) - A jump in the costs for Wall Street banks to insure bonds against default on Wednesday were another worrisome indicator o...