Question: What are fallen angel bonds? Bonds that cannot be rated due to their unique cash flow patterns Bonds that have flown into a higher ratings

What are "fallen angel" bonds?
Bonds that cannot be rated due to their unique cash flow patterns
Bonds that have flown into a higher ratings category
Bonds that have dropped from investment grade to junk bond status
Bonds that have been bought by angel investors
What are "fallen angel" bonds? Bonds that cannot be rated due

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