-
Posted by
Two Blokes May 5 -
Filed in
Stock
-
2 views
We take a look at the action in preferreds and baby bonds through the fourth week of April and highlight some of the key themes we are watching. Preferred stocks had a strong week, driven by lower Treasury yields and credit spreads, with the sector average yield now below 7%. Evaluating preferreds requires forward yield analysis due to varying payment terms and potential shifts in coupon.
