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 angels underperformed the broader high yield market in August and year-to-date. High yield corporates experienced outflows, while Treasury products saw inflows in August. Several potential ...

People have always been fascinated by stories of angels and the heavens. From ancient myths to modern books, angels represent hope, guidance, and the connection between the human and the divine. But ...

Armaros is often remembered as a fallen angel, one of the Watchers who transgressed divine law, but he was once a friend and ...

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 ...

2024 returns will likely be driven by carry, with sector and quality differences driving potential outperformance versus broad high yield. An uptick in fallen angels may provide further support. Last, ...

Nov 21 - Since our previous report, the number of global fallen angels increased by two to 37 (through Nov. 9), said an article published today by Standard & Poor's Global Fixed Income Research, ...