Unloading some more long term debt

One of my corporate long-term debt holdings in R.R. Donnelley (NYSE: RRD) has been trading significantly higher since my purchase point in 2009. I had invested in the 6.625% October 2029 debenture, via a trust preferred security (NYSE: PYS), which has a coupon of 6.3%. Although I had been sitting on large unrealized gains on … Continue reading Unloading some more long term debt