Latest News

Preferred Stocks Have Plunged This Year. But There Are Opportunities If You Know Where to Look.

0

The preferred-stock market has suffered one of its worst selloffs in decades as yields on leading bank preferred issues have risen to about 6% from 4%. But with yields now at their highest levels in five years, the $350 billion market has gotten more attractive.

Some preferred issues have fallen nearly 30% in price this year—a huge decline for an asset class many investors have viewed as relatively low risk. The losses reflect the rise in long-term interest rates and a widening in yield spreads relative to Treasuries. Most…

This Stock Market Feels Like a Bear. Why There Could Be More Downside Ahead.

Previous article

Big Oil Spends on Investors, Not Output, Prolonging Crude Crunch

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News