Tag Archives: Baby Bonds
Recently Barron's ran an article saying that investors should be looking at preferred stocks today because yields have increased a half-percentage point on a number of issues over the last month. (See article here) The article list a number of preferreds, but none of them were from utilities.
The latest issue of Barron's had an article discussing "Baby Bonds". These bonds typically have a $25 par value, and most trade just like stocks on the New York Stock Exchange. (See article here.) Two electric utility bonds were actually mentioned in the article, one by the Tennessee Valley Auth