Bigger charges are attracting additional person traders to the desired inventory sector simply because yields have risen approximately two percentage points this 12 months to a vary of 6% to 8%.
Most traders focus on lender preferreds because financial companies this kind of as
JPMorgan Chase
(ticker: JPM),
Lender of America
(BAC), and
Wells Fargo
(WFC) are the main issuers in the $350 billion market. The lender preferreds now generate about 6%.
Bigger charges are attracting additional person traders to the desired inventory sector simply because yields have risen approximately two percentage points this 12 months to a vary of 6% to 8%.
Most traders focus on lender preferreds because financial companies this kind of as
JPMorgan Chase
(ticker: JPM),
Lender of America
(BAC), and
Wells Fargo
(WFC) are the main issuers in the $350 billion market. The lender preferreds now generate about 6%.
