Skip to contentHome page Seeking Alpha - Power to InvestorsInterest RatesJul 26, 2026, 10:40 AM ETAT&T Inc. (T) Stock, TBBThe Investment DoctorInvesting Group LeaderComment(1)SummaryAT&T baby bonds offer a 6.7% yield, trading at a 20% discount to par due to elevated interest rates.AT&T reported Q2 revenues of $31.6B and $5.04B in net profit, supporting robust coverage for both interest and preferred dividends.With $18B in targeted 2024 free cash flow, T's senior securities remain well covered despite heavy capital investments.I continue to add to my TBB position, anticipating potential capital gains if interest rates decline.Looking for more investing ideas like this one? Get them exclusively at European Small-Cap Ideas.