Fallen Angel Yields Could Signal Opportunity
October 18, 2023 at 08:00 AM EDT
Like other fixed income assets, fallen angel bonds have proven vulnerable to the recent spike in Treasury yields, but those elevated yields could signal an opportunity for patient, risk-tolerant fixed income investors. Last month’s spike in 10-year Treasury yields weighed on the index tracked by the VanEck Fallen Angel High Yield Bond ETF (ANGL) – [...] The post Fallen Angel Yields Could Signal Opportunity appeared first on ETF Trends .
