TSX:BPO.PR.A - Post by User
Comment by
SONOFFERGUSon Aug 15, 2024 2:33pm
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Post# 36181101
RE:Historical trading pattern of Prefer ETFs such as CPD,HPR...
RE:Historical trading pattern of Prefer ETFs such as CPD,HPR...Hey CrazyWatcher
Credit risk happened. Now that panic is over and long rates are dropping in the expectation of policy easing.
The beautiful bit thing about BPO is that the bad news of lower resets is offset (and IMHO will be more than offset) by the increase in its creditworthiness as its borrowing costs drop and asset values climb.