- We take a look at the action in preferreds and baby bonds through the fourth week of February and highlight some of the key themes we are watching.
- The preferreds market was down marginally this week - year-to-date, all sectors are in the red, with February shaping up to be the worst month since March of 2020.
- Retail preferreds have underperformed their institutional counterparts this year - we discuss some of the reasons why and how investors can manage their exposure.
- And discuss our Income Portfolio rotations, FBRT results, and SJIJ news.
For further details see:
Preferreds Market Weekly Review: A Retail Preferreds Tantrum