Fallen Angel Bonds Becoming A Rare BreedRupert Hargreaves
Europe's bond managers have a problem; they're struggling to find attractive investments - specifically, fallen angel bonds. Bond managers are finding it increasingly difficult to find yield in a market that's dominated by the dovish European Central Bank and its large corporate bond purchases.
The problem for Europe's bond managers is two-fold. Firstly, junk bonds have been lifted by the rising tide and yields have contracted across the market. Second, companies are being . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible