Preferreds Weekly Review: Lots Of Moving Parts In CIM

Black_Kira/iStock via Getty Images Market Action Systematic Income Preferred Stocks Median Treasury Spread To Worst 8.00% 8.00% 2.00 0.00% 2020-01-01 2021-01-01 2022-01-01 2023-01-01 2024-01-01 Market Commentary Book Value Changes Over Periods 20.0% ABR � PMT 0.0% FR ● -20.0% CHMI RIT 2020/201 -40.0% TWO -60.0% MITT . -80.0% -40.0% -30.0% -20.0% -10.0% 0.0% 2023/2021 Given few people expect longer-term rates to head significantly higher, we shouldn't see further big book value drops, particularly if the coo ...