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Rating Migrations Are Coming

By Nicolas Fonseca, CFA Associate Product Manager Forecasts for new fallen angels remain low, however the first downgrade of the year occurred in February and March has brought a flurry of rating actions. Fallen angels underperformed broad HY by 0.26% (-1.56% vs. -1.29%) in February and now lagged by 0.32% (2.24% vs. 2.56%) YTD. Duration was [...] The post Rating Migrations Are Coming appeared first on ETF Trends .
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