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, ...
Fallen Angels underperformed Broad High Yield by 160 basis points in Q2 and are now lagging by 153 basis points year to date. Q2 underperformance was mostly driven by weakness in the telecom and real ...
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Junk Bonds Have a ‘Fallen Angel’ Problem
Junk bonds have had a great year, but going forward, investors may miss the sector’s “fallen angels.” A strong economy and falling interest rates have been a great combination for investors in ...
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