When credit spreads widen, corporate FRN prices may decline temporarily as investors demand greater compensation for credit ...
In the current “higher for longer” environment, investment grade corporate floating rate notes may continue to offer an attractive combination of enhanced yields and safety. The lack of interest rate ...
Treasury yields are all the rage right now, but with the Fed’s rate hikes continuing this week, getting the right exposure to Treasuries is important. As eyes turn towards short-duration Treasuries, ...
Historically, high-yield asset classes have been vulnerable to rising Treasury yields. That includes preferred stocks — a favored income destination. That makes the current environment all the more ...
PITTSBURGH, Jan. 6, 2026 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Jan. 15, 2026, of the following Senior Bank Notes issued by PNC Bank, ...
The Treasury Department said Wednesday it is developing a floating-rate note program that could be operational in a year or more, while preparing for possible negative-rate bidding. The Treasury also ...
The notes were issued under an indenture dated August 12, 2020, as supplemented by a fifth supplemental indenture dated Tuesday, with Deutsche Bank Trust Company Americas serving as trustee. The ...
Citigroup Inc. is announcing the redemption, in whole, constituting $2,750,000,000 of its 5.610% Fixed Rate/Floating Rate Notes due 2026 (the “notes”) (ISIN: US172967NX53). The redemption date for the ...
State Street Corp. announced that it has priced an offering of $750 million aggregate principal amount of 2.825 percent Fixed-to-Floating Rate Senior Notes due 2023, $500 million aggregate principal ...