Gladstone Land Series C Preferred: Sustaining Pari Passu Arbitrage With A 25% Upside To Call
Gladstone Land(LAND) Seeking Alpha·2024-02-14 09:25
Tom Werner/DigitalVision via Getty Images Optimizing the fixed income portion of portfolios amidst the market roller coaster of 10 Y Treasury yields has become an endurance sport. When 3.80% arrives on the heels of benign CPI/PPI reports and then shoots to 4.16% after the release of stronger than expected employment data, you have to be fit and agile in response to those directional extremes. As a cushion to that volatility, we have identified and monitored the market action for more than 150 mREIT and equi ...