Wall Street banks amp up rate risk on preferred share sales
![Wall Street banks amp up rate risk on preferred share sales](https://arizent.brightspotcdn.com/8a/57/65c0b09f415cb67f60cd8a8fca57/m1070221.jpg)
The Wall Street banks are reviving dormant formats to raise capital with a lot more duration than usual, playing into bets that the Federal Reserve is on the cusp of an easing cycle.
The Wall Street banks are reviving dormant formats to raise capital with a lot more duration than usual, playing into bets that the Federal Reserve is on the cusp of an easing cycle.