While common stocks are off a bit, no doubt because of uncertainty in the middle east, interest rates and correspondingly preferred stocks and baby bonds are dead flat.
Income issues are so flat that for 3 days in a row (up until 11 a.m. central) today prices have moved only 1 penny from last Friday—1 penny!! I work with averages which can sometimes be a bit distorted because of ex-dividends, new issues etc., but with a large sample size the number is pretty good.
Part of the reason for no movement is that there has not been an income issue go ex-dividend since 1/2/20, but we will see 9 issues go ex on 1/9/2020.
I have added mREIT and Bank preferreds to my chart (below)–it will take a few weeks to get the data populated. I will add some other major categories soon.
