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 ...

Fallen angels underperformed the broad high yield market in October by 0.29%, driven mostly by the rise in rates throughout the month, increasing the YTD underperformance to 2.14%. In October, fallen ...

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 ...