- Rising short-term rates have been one of the key drivers of markets so far this year.
- One way to take advantage of this sharp rise in short-term rates is to tilt to high reset-yield Fix/Float preferreds with relatively near call dates.
- Even if these preferreds are redeemed, they will provide very attractive yields-to-call (often in double digits up to the first call date) while offering relative resilience to boot.
- We highlight 6 preferreds across the higher-yielding and higher-quality parts of the market.
For further details see:
A Few 8%+ Yield Ideas To Take Advantage Of Rising Short-Term Rates