In a Downturn, Fallen Angel Volume Could Rise, Says Ratings Agency

MarketsETF Trends

This article was originally published on ETFTrends.com.

Heading into this year, many bond market observers were concerned about the state of BBB-rated corporate debt and how much of that debt could be downgraded to junk, turning those bonds into fallen angels. The VanEck Fallen Angel High Yield Bond ETF (NYSEArca: ANGL) is the dominant exchange traded funds providing access to fallen angels, or [...]

Continue Reading Below

Read more at ETFTrends.com >