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Wow – it is just occasionally we get quality issues absolutely hammered, but today is the day. We have quite a few issues down 4%, including baby bonds and preferreds from DTE Energy (DTE) and CMS Energy (CMS)–the saving grace for me is small position…

Investors are demanding a higher and higher ‘reward’ for holding U.S. Treasury paper–right now the demand is for 4.74% on the 10 year treasury. All the talking heads on the business channel are flailing away trying to identify why rates are moving hig…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. NewtekOne, Inc. Achieves Record SBA 7(a) Loan Closings in the Third Quarter 2023 Brookfield Infrastructure to Host Third Quarter 2023 R…

SWK Holdings Corporation (SWKH) has priced a new issue of $25 senior notes. SWKH is a specialty finance company and must maintain a 150% coverage ratio on these securities. The notes have the normal terms–quarterly interest payments, a optional call s…

Well September is over and it was a somewhat difficult month for both stocks and bonds, although for many of us with 50 years of investing experience we have seen many months that were more negative than the 4.9% loss that the S&P500 incurred. Last…

While I wouldn’t call this week a ‘disaster’–at least in my accounts, there was certainly plenty of pain. I have 3 major brokerage accounts and 2 of them were off 1/4%–but the 3rd has taken about a 1/2% hit. This doesn’t really compare to losses we h…

We are very close to the point where most house sales will come to a halt. Yes there will always be some activity because sometimes folks have to move–for jobs etc. But from my close up view in Minnesota, what was already a fairly slow market is slowi…

Well we are seeing higher interest rates this morning with the 10 year treasury now at 4.66%–with economic news being released today who knows where it goes to. Equities are flattish this morning–yesterday equities were down about 1% most of the day…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. NewtekOne, Inc. CEO, Barry Sloane, Comments on the Declaration of Quarterly Dividend of $0.18 per Share NewtekOne, Inc. Declares a Quar…

Shipping container company Triton International Holdings (TRTN) will officially be acquire by Brookfield Infrastructure Corp (BIPC) tomorrow–the acquisition closes tomorrow (Thursday). Triton has 5 issues of preferred stock outstanding–and they will…

Well interest rates are popping once again–trading around 4.62% which is just off of the high for the day of around 4.635%. Looking at my accounts the losses are minor — mostly attributed to the more modest dollar holdings of fixed income preferreds…

Down–then up–today the equity markets are bouncing somewhat, while interest rates hold stead in the 4.51% area. Day to day we get economic data that is creating cross currents in the debate as to whether the economy is slowing or not. Some folks have…