Brookfield Office Properties Inc T.BPO.PR.A

RE:RE:RE:RE:Dividends are in the account.

[Carena]

Good morning,

I always have to read your stuff twice....but I think I get it all.  Well said.

I agree the BPO prefs are fascinating things.....the internal hedging characteristic has been intriguing to say the least...I was rooting for higher rates and then I was rooting for a return to lower rates..lol.

I own the T and N rate resets and the E and G floors.  My choices were a reflection that I knew they were great securities but never had to much conviction for which was better than the other.  

Overall, I think we are higher for longer but I also think the risk is Canada may have to cut before, and more, than the Fed.  

Whether we like or not, every time each of us put capital to work, we are making our own projections on the variables in the market.  

BTW, these threads are the content I am here for!  

Have a great day,
Carena