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As I mentioned yesterday I did a tiny amount of nibbling on Tuesday and Wednesday. In each case I added a tiny number of shares to current holdings–no use searching for some other issue since I am comfortable with the issues that I hold. I added the f…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Capital Southwest Announces Second Quarter 2024 Earnings Release and Conference Call Schedule Mortgage Rates Continue to Climb ConnectO…

Yesterday we had the producer price index (PPI) released and it came in hotter than expected – in large part because of energy costs. Today we have the consumer price index (CPI) and forecasters are indicating 3.6% increase year over year. At the momen…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. CoBank Quarterly: High Interest Rates, Strong U.S. Dollar Taking an Oversized Toll on Agricultural and Rural Economies Golar LNG Limite…

Once again interest rates are tumbling this morning as Federal Reserve folks continue their dovish talk. There is something a bit strange that all of a sudden these folks are all talking dovish when only a month ago most of them were hawkish–seems to…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Fitch Updates Bank Credit Ratings– First Third Regions Citizens Financial Huntington Keycorp–Downgrade Green Brick Partners, Inc. Ann…

Well overnight interest rates have taken a tumble with the 10 year treasury trading around 4.66%–this is just after it hit 4.89% on Friday with the release of the strong jobs numbers. You can choose the reason for the drop—either a rush to safety be…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Today is a slow news day – holiday. Fortress Biotech Announces Reverse Stock Split Diana Shipping Inc. Announces the Sale of a Capesize…

Well Friday was quite a day – ‘freaky Friday’ I have labeled it. After a super strong jobs report where almost double the number of forecast jobs were created equity markets dropped strongly – only to bounce back in a very strong way to close over 2% a…

It has been a freaky day — but it has been a freaky 2 weeks for the preferreds of the Federal Agricultural Mortgage Co, (AGM). Someone has been dumping shares continually and these high quality issues have been pummeled (note I own the AGM-E issue). F…

We’ve been waiting all week–and now the jobs report for September will be known in 15 minutes. Expectations are for 170,000 new jobs being created while the unemployment rate is forecast to decrease to 3.7% from 3.8%. Ideally I would like to see 150,0…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Mortgage Rates Continue to Surge TEN Ltd. Announces Delivery and Long-Term Employment of First of Four LNG Powered Aframax Tankers Runw…