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 ...

While this is disappointing, Goldman Sachs believes it has created an opportunity for investors to buy these "fallen angels" before they recover. Here's what the broker is saying about them ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...