Fallen angels flood Crossover in latest roll

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Fallen angels flood Crossover in latest roll

Fallen angel Madrid from Adobe 19Aug20 575x375
The Fountain of the Fallen Angel (Fuente del Angel Caido) or Monument of the Fallen Angel, a highlight of the Buen Retiro Park in Madrid, Spain. | Anibal Trejo/Anibal Trejo - stock.adobe.com

Series 34 of the iTraxx Europe Crossover index saw seven fallen angels join the index, following the three added in March’s roll, as the coronavirus pandemic pressures sectors such as autos, transport and retail.

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