The hunt for yield continues to plague many financial advisors and their clients. The longest-term Treasury bonds are yielding only about 2%. To get even a 4% yield, you'd have to venture into junk ...

"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 ...

Fallen angels underperformed the broad high yield market by 0.56% in Q4 and by 2.44% in 2024 as lower duration and lower quality outperformed. Rising stars outpaced fallen angels in 2024, but at a ...