Going to simplify.
If can borrow $ at 3.5% fixed rate long term, besides risk of the issuer, any downside to buying preferreds yielding in the 6% range?
If I can borrow $ at a 3.0% variable rate, subject to movement in the Prime rate, any good floating rate preferreds out there to yield in the 5.5-6% range?
If can borrow $ at 3.5% fixed rate long term, besides risk of the issuer, any downside to buying preferreds yielding in the 6% range?
If I can borrow $ at a 3.0% variable rate, subject to movement in the Prime rate, any good floating rate preferreds out there to yield in the 5.5-6% range?
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