RE:Sonoffergus, how do you like your R's ??? I see you passedOh hey CrazySeller.
Lol, I forgot to report my trades to you.
I happily added to my Es in the $12s and low $13s from mid-June through July as TD and RBC fed them to me on the daily.
Es and Cs should trade together with a price gap -- CY 9.88% v 9.27%, FS 7.12% v 7.85%, min div 9.17% v 9.09% on closing prices of $13.90 and $16.50, respectively.
In terms of C's price, Es buy 11.73% CY, 8.45% FS and 10.88% min div -- the Es win on each factor. Buy Es against Cs all day long.
If you look at the charts, prices historically moved in tandem but went in opposite directions in mid-June. They are more in line now but IMHO E should close the gap further given the above.
As I have posted before, I am holding my Es but have traded around the As, Ns, and W/X/Y floaters. I have been accumulating As the past few sessions because they still have a little price upside on reset and should pop if GoC5 gives back some yield.
In terms of T's price, the highest fixed spreads are provided by the Rs at 8.22%, then Ns 8.09%, Ps 7.75%, Es 7.68%. Note that the only issue with a min div of those is E, with 9.90% in terms of Ts. Maybe I should hit the Rs too.
What have you been doing?