Just looking over the investment grade preferreds and baby bonds I see lots of red as the 10 year treasury has spiked around 9 basis points today.
The losses are not very large in size–1/2% up to 1%. No big deal–BUT we are reaching the point where investors might panic out of shares. We’ll just see–likely a setback of rates will occur tomorrow which should take the ‘edge’ off panicky types–for now.
On this spreadsheet you can sort by investment grade to see what is happening.