The Federal Reserve has not approved an interest rate cut since before the Nov. 5 election, but one of its governors said she wants three rate cuts this year. Federal Reserve Gov. Michelle "Miki" Bowman dissented from the Federal Open Market Committee's decision last week to maintain the current Fed rate of between 4.

If the Federal Reserve cut rates three times this year, then quality ultra-high-yield stocks like these could make parabolic moves higher.