Financial doubt has grown investor concentrate on the likelihood of BBB-rated bonds being downgraded to junk. Investors should consider this danger with regards to seek out yield.
In the last many months, i have already been fielding more questions asian ladies for marriage regarding hawaii associated with bond market that is BBB-rated. (BBB may be the cheapest tier of investment grade. ) Since this credit cycle has lengthened, investors are worried concerning the possibility a lot of bonds being downgraded to junk, a status understood as “fallen angels. Read More