Preferred ETF Could Be Positioned for 2023 Resurgence

Count preferred stocks as among the high-yield asset classes dealing with 2022 headwinds attributable to seven interest rate hikes by the Federal Reserve. Of course, interest rate sensitivity is a two-way street, meaning that if the Fed dials back the pace of its rate hikes in 2023 and lays off that plan altogether, preferred stocks [...] The post Preferred ETF Could Be Positioned for 2023 Resurgence appeared first on ETF Trends .