Wider spreads have driven fallen angel yields above 7%, their highest levels since mid-2025. Yields versus broad high yield have narrowed significantly, with ANGL, yielding 6.73%*. Two large fallen ...
Fallen angels finished the first half of the year outperforming the broad high yield market, despite underperforming by 0.46% in Q2. In May, Constellation Insurance and Royal Caribbean became the ...
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