Anyone looking for "income" in today's low-interest-rate environment is truly challenged.
2-year yield: 0.53%
5-year yield: 1.47%
10- year yield: 2.70%
30-year yield: 3.88%
T-Bills: Do you really want to know?
On July 23rd a breakout was taking place in PFF (reported here and see the chart below). The preferred income ETF is yielding 7.79% (according to Yahoo Finance).
Since the breakout, PFF has increased over 3% in value, not including the dividend.
Let the Power of the Pattern be your friend. It could be to your best "interest!"
