Annaly Capital Management Inc. (NYSE: NLY) is one of the major mortgage real estate investment trusts (REITs), but it’s the company’s floating-rate preferred shares (NYSE: NLY-PF) that seem to be attr...
Tag: FloatingRate
Floating-Rate Bonds And Inflation: What Gives?
Percent Symbol in Sea getty Floating-rate bonds are supposed to be sailing right now. So why are they sinking? Last week we lamented the reason most bond funds are down this year. The runaway long rat...