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Brookfield Infrastructure: Double-Digit Discount And Attractive Spreads With The Preferreds

Brookfield Infrastructure ( BIP ) ( BIPC ) fixed-income securities have sold off since mid-September to extend pre-existing discounts to their liquidation values and enlarge spreads to long-term U.S. Treasury rates that were already elevated. IThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high ...