Well once again the 10 year treasury yield has moved higher–thus far today it is 5 basis points higher to 1.18%.
Thanks to Bea I had added back the preferred share loss/gain page. I had removed it previously trying to consolidate info, but Bea asked about it and I added it back in last Friday.
You can find the page here. Check for bargains there (of course one person bargain is the other person junk).
I note today that the Sterling Financial 6.50% non cumulative preferred (STL-A) has taken a sound whipping the last 3 weeks or so–it had traded as high as near $28 3 weeks ago and now is at $25.38. Granted this issue–like many of the smaller banks was totally overpriced so couple with rising rates price has tumbled.