As the new year approaches, Goldman Sachs traders are seeing another year of gains ahead for technology stocks. In a Tuesday email, Goldman's trading desk noted that 2025 is shaping up to be another ...
Wider spreads have driven fallen angel yields above 7%, their highest levels since mid-2025. Yields versus broad high yield ...
Fallen angels outperformed the broad high yield market by 0.59% in Q3 (2.99% vs. 2.40%), widening the year-to-date gap to 0.78% (7.84% vs. 7.06%). Credit spreads were notably more stable in Q3, ...