The Time For Baby Bonds And Preferred Shares Draws Nigh

Summary

  • The bull market in fixed income is over and interest rates are rising.
  • This will cause financial difficulty for some but opportunities for others.
  • Fixed income securities are starting to look attractive again.
  • This article presents roughly 80 candidate securities for those with cash to deploy.

Fixed Income

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Introduction

I’ve been an active self-directed investor for over 40 years and I have never seen our economy go from great to tanked in such a short period of time. What a difference 18 months has

Inflation Rate

US Bureau of Labor

10 yr T-bill rate

Financial Times

List of baby bond issues

Author

List of Baby Bond Issues

Author

Chart of Baby Bond Yield

Author

List of Preferred Shares

Author

Chart of Preferred Share Yield

Author

This article was written by

Dirk Leach  Bachelor of Science in Nuclear Engineering from University of Michigan (Summa Cum Laude)  Master of Science in Environmental Engineering from Washington State University  Executive MBA Program at Stanford University  41 year career in nuclear engineering, nuclear facility construction, US government contracting, DOE weapons complex, DOD contingency response and forward operating base design and construction.  Avid investor for more than 40 years, most of that time with the Vanguard Group. ***************************************************************************************************Carole Leach  Bachelor of Science Mechanical Engineering from Carnegie-Mellon University  Master of Science in Environmental Engineering from Washington State University  35 year career spanning the areas of commercial nuclear power engineering services, nuclear waste clean-up engineering, management, and technical consulting with a focus on safety.

Disclosure: I/we have a beneficial long position in the shares of PRU, SACH, T, NRZ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Disclaimer: This article is intended to provide my opinion to interested readers and to serve as a vehicle to generate informed discussion in the comment postings. I have no knowledge of individual investor circumstances, goals, portfolio concentration, or diversification. Readers are strongly encouraged to complete their own due diligence on any stock, bond, fund or other investment mentioned in this article before making their own investments.

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