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Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Freddie Mac Issues Monthly Volume Summary for August 2023 Brookfield Business Partners Completes Filing of Recast Annual Financial Stat…

I’m not even hunting for ‘bargains’ today–what is the point of looking to buy unless you are locking in some short maturity baby bonds or term preferreds? Income issues are pretty much all red today–fortunately only by nickels and dimes for the most…

With the 10 year treasury hanging around the 4.50% area and looking for reasons to go higher yet and the very likely possibility of a government shutdown equities are weak once again this morning. I read that going into a government shutdown typically…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Hovnanian Enterprises Announces Refinancing Transaction XOMA Declares Quarterly Preferred Stock Dividends W. R. Berkley Corporation to…

Markets look fairly quiet this morning with equities darned near dead flat. The 10 year treasury is up 1 basis point and trading at 4.49%. Last week was a weak one for equities. The S&P500 traded in a range of 4316 to 4466 before closing at 4320 wh…

I have added a link in the side menu to my ‘laundry list’ of holdings of preferred stocks and baby bonds. Reading back through some comments this morning some had requested this link.

I had a couple actions in my portfolios on Friday, 9/22/2023. I had forgotten I had a modest position in the Apollo Global Management 6.375% investment grade perpetual preferred (AAM-A) which was redeemed on Friday–so cash came into the account. 18-19…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Essentially no news on the wires today. Freddie Mac Multifamily Apartment Investment Market Index Rises Again in Second Quarter of 2023…

Equities couldn’t make a stand at all today – each small rally brought more sellers out–I guess tough talk from Powell (although expected) put a little fear into folks. Interest rates didn’t take a breather either–stuck at 4.48% all day long–it wasn…

The rate hike/no hike announcement yesterday was exactly as I expected – no hike, but tough talk on the future. Anyone who expected anything but what we got simply hasn’t been paying attention. Inflation, while much tamer than a year ago ticked higher…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. CareCloud Financial & Operational Update XAI Octagon Floating Rate & Alternative Income Term Trust Reaches $500 Million Total M…

Carecloud (CCLD) which has 2 outstanding preferred issues which got shellacked yesterday has released an operations update–no doubt in response to the shellacking. The update is here.