Fallen Angel Bonds Q&A: What to Watch
July 26, 2020 at 10:00 AM EDT
What has driven outperformance of fallen angels against the broad high yield market? Fallen angel bonds, as represented by the ICE US Fallen Angel High Yield 10% Constrained Index (“Fallen Angel Index”), has outperformed the broad high yield market, as represented by the ICE BofA High Yield Index...