In May, fallen angels underperformed the broad high yield market by 0.13%. Within broad high yield, BB and CCC and below rated bonds posted the same return, 1.23%, while single B rated bonds ...
The positive momentum gained by fallen angels in the final quarter of 2023 carried over into January, surpassing broad high yield by 56bps. Sector-specific weakness may continue to manifest in ...
Fallen angel high yield bonds provide a distinct value proposition that sets them apart from the broad high yield market. The unique performance drivers of fallen angel bonds (systematically buying ...
LONDON, Aug 31 (Reuters) - More than 6 billion euros ($6.53 billion) of European real estate bonds have moved into high yield bond indices since May, making up the bulk of so-called "fallen angels" ...
With 10-year Treasury yields having retreated noticeably in recent weeks, there’s a sense that things could be turning for the better in the bond market. Should that sentiment prove accurate, it could ...
Fallen angel bond strategies are inherently contrarian. Exchange-traded funds like iShares Fallen Angels USD Bond ETF FALN buy bonds precisely when most investors are selling. These types of funds ...