ENB:CC - Taking (Another) Peak At The Canadian Preferred Share Market

• Last August I wrote about the Canadian preferred share market and it's time for an update.
• Rate reset preferreds benefit from rising interest rates but at the time I cautioned that the market was overvalued and highly sensitive to credit spreads.
• Since publication, the rate reset preferred market has had a terrible time. But there are now opportunities to be had.
• Headwinds of rising credit spreads and central banks withdrawing liquidity means it's not a slam dunk investment though.

For further details see: