Mortgage-backed securities: Priced for imperfection?
Head of U.S. Securitized Products John Kerschner and Portfolio Manager Nick Childs explain why they believe key risks are now largely priced in to fixed income markets, with selective areas – particularly mortgage-backed securities (MBS) – presenting an opportunity to provide favorable rick-adjusted returns.
See PDF.
Weekly Fixed Income Commentary: Treasury yields rise as the Fed holds steady
U.S. Treasury yields rose again on strong inflation data. The U.S. Federal Reserve kept interest rates unchanged as expected, but the guidance for future policy was more hawkish than anticipated.
Weekly Fixed Income Commentary: Treasury yields rise again on stronger inflation data
U.S. Treasury yields rose again after U.S. consumer price inflation surprised marginally to the upside. The European Central Bank (ECB) delivered a dovish hike last week, and all eyes are on the U.S. Federal Reserve this week.
Weekly Fixed Income Commentary: Economic data drive Treasury yields higher
U.S. Treasury yields rose once again, as U.S. economic growth remains strong. U.S. Federal Reserve officials indicated that monetary policy is sufficiently restrictive, while emphasizing the need to monitor incoming data.