Yield Hunting

Yield Hunting

Morning Note | Sept 28, 2021

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Yield Hunting
Sep 28, 2021
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Summary

  • 10 year yield continues to rise putting pressure on duration assets like munis, preferreds, as well technology shares.

  • We believe taking a counter-cyclical approach, not reacting to the increase in rates, is the best strategy.

  • DLY looks compelling here as the buy flag flipped on the Sheets.

  • Landlord has some comments on individual preferreds.

Good Mo…

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