Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted.
May 15, 2025 16:05 ET | Source: Fortress Biotech, Inc.
Fortress Biotech Reports First Quarter 2025 Financial Results and Recent Corporate Highlights
May 15, 2025 15:14 ET | Source: Hovnanian Enterprises, Inc.
May 15, 2025 12:00 ET | Source: Freddie Mac
Mortgage Rates Remain Under Seven Percent
Moody’s Downgrades Treasuries to AA.
Blood in the fixed income market
https://www.investing.com/news/economy-news/moodys-downgrades-us-sovereign-credit-rating-amid-fiscal-pressures-4051391
Moody’s said. “We do not believe that material multi-year reductions in mandatory spending and deficits will result from current fiscal proposals under consideration.”
I think Moody’s just joined the other rating agencies. Not sure it’s a big deal. Just another rendered opinion of our declining financial health.
I believe you are correct.