"Fallen angels" are corporate bonds that received investment-grade credit ratings when they were issued but have since been downgraded to junk. Historically, they have tended to exhibit greater ...
January 2023 was the strongest start to a calendar year since 2019, where broad HY posted 4.59% and fallen angels 4.67%. Still, CCC & Lower rated bonds took the lead with a 6.22% return, despite the ...
Fallen angels underperformed the broad high yield market in September by 0.35%. The seven-month drought of fallen angles ended in September as OCI NV and VF Corporation were downgraded to high yield, ...
The hunt for yield continues to plague many financial advisors and their clients. The longest-term Treasury bonds are yielding only about 2%. To get even a 4% yield, you'd have to venture into junk ...
Smallcap stocks are showing signs of recovery after a challenging 2025, outperforming larger peers in Q3 earnings. Analysts ...
Fallen angels underperformed the broad high yield market in October by 0.29%, driven mostly by the rise in rates throughout the month, increasing the YTD underperformance to 2.14%. In October, fallen ...