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Fallen Angels: A Better Way To High Yield?: (ANGL)
FYI: Entering this year, there were concerns about what the future held for high-yield corporate debt.
Fresh interest rate cuts by the Federal Reserve and an estimated $17 trillion in negative-yielding debt found around the world have prompted investors to revisit riskier corners of the corporate bond market.
In recent years, junk bond ETFs have become alternatives, if not outright replacements, for individual issues among some high-level investors, explaining in large part substantial inflows to traditional junk bond exchange traded funds this year.
