Fallen Angels: Watching Sectors, Quality and Carry in 2024

By Nicolas Fonseca, CFA Product Manager 2024 returns will likely be driven by carry, with sector and quality differences driving potential outperformance versus broad high yield. An uptick in fallen angels may provide further support. Despite a resurgence in the fourth quarter, fallen angels (as represented by the ICE US Fallen Angel High Yield 10% Constrained [...] The post Fallen Angels: Watching Sectors, Quality and Carry in 2024 appeared first on ETF Trends .