Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.


home / news releases / NLY - 8%+ Yields Coming For High Quality Soon-To-Float Preferreds

NLY - 8%+ Yields Coming For High Quality Soon-To-Float Preferreds

Annaly Capital Management Inc

Summary

  • The Fed has continued to aggressively hike rates and has indicated a willingness to keep rates elevated for some time.
  • This should benefit preferreds with upcoming switches to floating rates in two ways - by raising their yields and by supporting their prices.
  • The chief risk to these preferreds is a sharp drop in the short-term rate; however, this is not our base case for the medium term.

For further details see:

8%+ Yields Coming For High Quality Soon-To-Float Preferreds
Stock Information
Company Name: Annaly Capital Management Inc
Stock Symbol: NLY
Market: NYSE
Website: annaly.com
Menu
NLY NLY Quote NLY Short NLY News NLY Articles NLY Message Board
Get NLY Alerts

News, Short Squeeze, Breakout and More Instantly...