Being a fallen angel is not a good thing, whether in the Bible or the bond market.
For investors, a fallen angel is a company that has been downgraded and lost its investment-grade debt ratings -- a fall that can have costly consequences.
Explainer Below:
https://traderinput.com/why-the-fed-is-protecting-bond-markets-fallen-angels/
For investors, a fallen angel is a company that has been downgraded and lost its investment-grade debt ratings -- a fall that can have costly consequences.
Explainer Below:
https://traderinput.com/why-the-fed-is-protecting-bond-markets-fallen-angels/