Dec. 31 at 2:09 PM
$JNK
In general, Bloomberg reports that high yield is paying +2.67% over Investment grade
= a very narrow spread (don’t buy)
Unless you buy the I pfd of
$AHT and the b preferred of
$BHR ( but seriously, if these b shares keep their value after the ex date ?? Yesterday ?? Or today or ?? 1/2 ?? I will sell and move on. These had a big jump in price around September and has sagged since.