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Posted by
Two Blokes May 18, 2025 -
Filed in
Stock
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6 views
We take a look at the action in preferreds and baby bonds through the second week of May and highlight some of the key themes we are watching. Preferred stocks saw gains as sector spreads tightened, and Treasury yields stabilized, with average yields just below 7%. Two Harbors plans to list a 9.325% 2030 bond, offering an attractive yield relative to its preferreds.