Running_Man
Thinks s/he gets paid by the post
- Joined
- Sep 25, 2006
- Messages
- 2,844
So with rising rates and the Fed probably raising today makes preferred shares an easier buy for that part of the portfolio. We have done a round trip over the last year, interesting in whether next year is the year the pattern is broken for an up cycle in interest rates - bad for preferred share prices but good for increased income and decreasing chances of preferred redemptions.