Story thread · 3 reports / 3 sources

Credit Braces for Fallen Angels as $100 Billion Trades Like Junk

financialpost.com · 7dShare

Oracle Corp. and Stellantis NV are among a group of high-grade companies with debt that has recently traded close to junk levels, putting the bond market on watch for a new era of fallen angels.

First report: The ‘Fallen Angel’ Bond Fund Pays 6.5% and Has Beaten the Biggest Junk Fund for a Decade — finance.yahoo.com, 10d