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3 Preferred Funds To Play The Powell Pause, Yields Up To 9.2%

The Fed “pause” is on—and that means we’re this much closer to the first rate cut since the COVID-caused race to zero.

It’ll soon be “game on” for fixed income of all sorts. And that includes one class of stock that has been kicked deep into value territory—giving us a potential one-two punch of high income (6.9% to 9.2% yields) and a violent bounce off the bottom.

A High-Yield Way to Ride Powell’s Coattails

This post originally appeared at Contrarian Outlook.