New Fallen Angel Bonds Drive Performance
August 15, 2020 at 07:00 AM EDT
By Nicolas Fonseca, CFA, ETF Product Analyst, VanEck Global Fallen angel bonds, as represented by the ICE US Fallen Angel High Yield 10% Constrained Index (“Fallen Angel Index”), are outperforming the broad U.S. high yield market, as represented by the ICE BofA High Yield Index (“High Yield...