"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 ...
Fallen angels began 2025 on a positive note, outperforming the broad high-yield market by 0.10% (1.48% vs. 1.38%). The 10-year U.S. Treasury yield fluctuated throughout the month, peaking at 4.79% ...
Smallcap stocks are showing signs of recovery after a challenging 2025, outperforming larger peers in Q3 earnings. Analysts see this as a potential turning point, with earnings upgrades expected in ...
Fallen angels and broad high yield performed relatively in line in August, 1.53% vs 1.59%, with fallen angels trailing the broad market by 1.45% YTD. Weaker employment figures have also lent support ...