The Federal Reserve has cut rates by roughly 100 bps in 2024, pushing down yields across the front end of the curve and leading investors to explore riskier alternatives. Floating Rate Notes, or FRNs, ...
FLTR is a simple investment-grade, floating-rate note index ETF. It sports a good 6.1% yield and has outperformed these past few years. Fed cuts are an important headwind for the fund, but dividend ...
One of the great dividing lines in the bond market is between fixed-rate and floating-rate debt. This difference has become especially stark since 2022, as the rise in short-term interest rates ...
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $650,000,000 of its Floating Rate Notes due 2026 (the “notes”) (ISIN: US172967MB43). The redemption date ...
Learn how inverse floaters work, their calculation methods, and see examples illustrating their unique relationship with ...
OP Bancorp (the “Company”) (Nasdaq; OPBK), the parent company of Open Bank (the “Bank”), announced today that it has completed a private placement of $25 million principal amount of fixed-to-floating ...