‘Fallen Angel’ High-Yield Bond ETF: This ANGL has Wings
August 07, 2013 at 09:23 AM EDT
Market Vectors Fallen Angel High Yield Bond ETF (NYSEArca: ANGL) has caught our attention after an abnormal price spike on Friday followed by a big jump in trading volume yesterday. ANGL, which holds junk bonds that were rated investment-grade when issued, saw an unusual trade last Friday that sent...