Over the past several months, I have been fielding more questions about the state of the BBB-rated bond market. (BBB is the lowest tier of investment grade.) As this credit cycle has lengthened, investors are concerned about the potential for a large amount of bonds being downgraded to junk, a status known as “fallen angels.” […]
source https://thebtrader.com/2019/10/07/making-the-grade-how-risky-are-bbb-bonds/?utm_source=rss&utm_medium=rss&utm_campaign=making-the-grade-how-risky-are-bbb-bonds
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