Fallen Angel Yields at Post-COVID highs; Major Rising Star Expected
November 19, 2023 at 10:00 AM EST
By Nicolas Fonseca, CFA Product Manager Fallen angels outperformed the broad high yield market in October; though there were no new fallen angels or rising stars in October, Ford is expected to be removed from the index in November. Fallen angels (as represented by the ICE US Fallen Angel High Yield 10% Constrained Index, “H0CF”) outperformed [...] The post Fallen Angel Yields at Post-COVID highs; Major Rising Star Expected appeared first on ETF Trends .