and the high leg is 90 degrees from the neutral conductor.
all three phase conductors are 120 degrees apart from the true neutral point although there is no conductor attached to that point.
Exactly!
Phase angles are always relative to the reference point you select. In most systems there is one obvious reference point to use, and when we use that reference point we get the phase angles we expect.
But 'high leg delta' and a 'delta breaker' are head stretching because they are a hybrid of two systems, each with its own obvious reference point, and if you don't recognize that the reference point is changing you get seemingly incorrect phase angle numbers.
The obvious reference point to use for a split single phase system is the grounded neutral. Relative to this grounded neutral the two single phase 'hot' conductors are 180 degrees apart.
The obvious reference point for a three phase system is the three phase neutral (which isn't even present in a delta system), and the three 'hot' conductors are 120 degrees apart with respect to that reference point (and each other).
Not only is the 'true neutral point' that kwired described not physically present in the systems being described, it is at elevated voltage (about 68V) relative to the grounded single phase neutral that is actually present. If any of the three phase loads (say a star connected motor) derived this neutral, it would not be near zero voltage as in the case with a grounded wye three phase system.
-Jon