Newsmakers
Economy Is Doing Fine, So Fed Shrinks Its Balance Sheet
Policymakers don’t want a repeat of 2019, when QT ruffled the markets.
Tag: MBS
Asset Allocation
Re-Mixing Asset Allocation: Insurers Decrease Bonds, Then Do a Partial Reversal
The industry also is expanding its exposure to stocks and alts, amid rising rates.
Asset Allocation
Former Problem Children, Agency Mortgage-Backed Securities, Make Case for Inclusion in Core Bond Portfolios
The catalyst investment vehicle responsible for 2008-09 financial Crisis appears to have a strong setup to perform well in 2023.
Asset Allocation
Allocators Will Go for Structured Debt Linked to Property, Poll Says
Aeon survey finds 63% will opt for residential and commercial real estate bonds, reversing a downtrend.
Asset Allocation
No Need for Taper Trepidation for the Stock Market
The situation now is less fraught than during the 2013 tantrum, argues UBS’s Mark Haefele.
Research
Is the 10-Year Yield Telling Us About Inflation or the Economy? Neither, Says Well Fargo
The big dip may be forecasting exactly nothing, because other factors are making it drop, the bank argues.
Asset Allocation
Special Report: Why Mortgage-Backed Securities Will Shrug Off Higher Rates
These bonds, undergirded by pools of home loans, benefit from the zest to nest, federal support, and other forces.
Asset Allocation
Mortgage Securities Deserve a Bigger Place in Pension Portfolios, DoubleLine Says
They have lower volatility and often better returns than corporates, a study by the Gundlach firm concludes.
Why the Worst Is Over for Mortgage-Backed Securities, Maybe
MBS, which got flattened in March, are on the mend, but some warning signs linger. Like, what if the recession caves the housing market?