Author: Julia Bell

Preferred equity REITs offer fixed yields of 5-8% with cumulative dividend protections, drawing income investors as the rate plateau reduces repricing pressure on existing issues.

Variable Rate Demand Notes are drawing renewed interest from corporate treasurers managing large cash balances, driven by floating-rate structures and tax-exempt income advantages.

Treasury STRIPS are drawing quiet but intense demand from pension funds using long-duration laddering to match liabilities. Here’s why the strategy works and who’s driving it.

Structured agency callable notes are attracting short-duration ladder builders who see call risk as manageable – and the yield premium as worth collecting.

Stepped coupon bonds, with their built-in income escalators and shorter effective duration, are drawing renewed interest from allocators burned by rate-driven losses.

Non-bank investors are quietly filling the real estate lending gap left by regional banks, drawn by yields of 8-12% and hard asset collateral protection.

Bank loan collateral managers are rotating into SOFR-linked instruments for better rate alignment and reduced basis risk. Here’s why the mechanics matter.

Contingent convertible bonds are attracting institutional buyers again as banks seek Tier 1 capital. Here’s what drives the yield premium and where the structural risks hide.

Leveraged loan ETFs are attracting investment-grade buyers as IG spreads compress. Here’s what’s driving the crossover and what risks come with it.

Distressed debt funds are quietly buying LBO casualties at deep discounts as leveraged buyout deals from 2021-2022 face refinancing walls and earnings shortfalls.