"Fallen angels" are corporate bonds that received investment-grade credit ratings when they were issued but have since been downgraded to junk. Historically, they have tended to exhibit greater ...

Throughout history, people have been fascinated by royal families and the mysteries surrounding their power. Some legends ...

People have always been fascinated by stories of angels and the heavens. From ancient myths to modern books, angels represent hope, guidance, and the connection between the human and the divine. But ...

The positive momentum gained by fallen angels in the final quarter of 2023 carried over into January, surpassing broad high yield by 56bps. Sector-specific weakness may continue to manifest in ...

In the wake of the coronavirus outbreak and the resultant lockdowns in various parts of the world, several corporations have been facing severe cash crunch. Consequently, an increasing number of ...

As the new year approaches, Goldman Sachs traders are seeing another year of gains ahead for technology stocks. In a Tuesday email, Goldman's trading desk noted that 2025 is shaping up to be another ...

After essentially completing a market cycle in just three quarters in 2020, high yield spreads are back below historical averages and yields are as low as they’ve ever been. High yield investors may ...