by confoundedinterest17
Pension funds have long been investing in “safe” agency mortgage-backed securities.
But as The Fed does its “tighten up”, we are seeing agency MBS prices falling and duration risk rising.
I remember showing my Fixed-income...
Could the U.S. pensions behemoth be hit by the kind of crisis that just swept across the U. K.?Don’t bet on it, says ratings agency Fitch. This kind of turmoil is “unlikely,” it...
via QTR’s Fringe Finance
Last night I had the pleasure of speaking with Jason Burack from Wall Street for Main Street to offer up my updated thoughts on the Federal Reserve, the economy and the state of...