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Below are press releases from some company’s which have preferred stock or baby bonds outstanding Texas Capital Bancshares, Inc. Announces Date for Q3 2022 Operating Results TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Pre…

I don’t think we have had a more important employment report this year than the one which will be released tomorrow morning at 7:30 a.m. (central). Markets have been hanging their hat on the Fed starting to back off rate hikes based on weakening econom…

Priority Income Fund (non traded) keeps right on churning out new shares—and I like it. PRIF is a closed end fund and the leverage they use in the fund is composed of almost all term preferred stock–with 1 perpetual tossed into the mix. Simply the m…

It appears that the new baby bond (fixed rate reset) from Reinsurance Group of America (RGA) will begin trading tomorrow–per a note from EarlyBird in the comments. The new issue is a baby bond with a initial 7.125% fixed rate (until 10/15/2027) (RZC)…

Below are some press releases from company’s with preferred stock or baby bonds outstanding. Fortress Biotech Announces Timing of Regular Monthly Dividend for October, November and December 2022 for its 9.375% Series A Cumulative Redeemable Perpetual P…

The 10 year treasury is popping today and stands at 3.77%–up 15 basis points. Equities, after screaming higher for 2 sessions, are taking a bit of a break today, although they have clawed their way back from a steep loss to be down only about .9%. All…

Below are press releases from company’s that have preferred stock and baby bonds outstanding. Apollo Commercial Real Estate Finance, Inc. Announces Dates for Third Quarter Earnings Release and Conference Call Fortress Transportation and Infrastructure…

We’ve had crazy down days and now crazy up days–who knows what tomorrow brings? I purchased a starter position in the 6.75% CHS Reset preferred (CHSCM)–current yield of about 6.86%. I could have bought the 7.10% Reset Preferred (CHSCN), but wanted to…

Well futures are way up again this morning with the S&P500 up 1.8%. The 10 year treasury yield is tumbling as well–now at 3.58%. Yesterday was a nice respite from falling prices and today looks to be more of the same. I suspect the rally will end…

Below are some press releases from company’s that have preferred stock or baby bonds outstanding. UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS ARMOUR Residential REIT, Inc. Confirms October 2022 Dividend Rate Per Common Share and Q4 202…

The 10 year treasury yield is at 3.62% – off 18 basis points. Seems like a safety trade–with Credit Suisse common shares now trading at $3.96/share as investors are worried about an implosion you have to wonder what else is going on behind the scenes….

Well another rough week was had by equities last week as the S&P500 fell again–down 2.9%. I suspect this downward move will continue for some time, but hopefully interrupted by occasional bounces. The 10 year treasury moved higher week over week b…