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Fixed income · 2026-04-08 · RVS Investment Institute
Fixed income perspective: preferred securities
Why preferreds still sit between investment-grade credit and common equity.
Preferred securities remain a hybrid sleeve: junior to senior debt, senior to common equity, and sensitive to both rates and bank capital rules.
The weekly taxable fixed income update is the companion piece for readers who want the rate path before they size the sleeve.
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For professional and educational use only. This material is not investment advice or a recommendation. Capital is at risk.