NEW YORK (Reuters) -The recent drop in U.S. yields has raised speculation that a wave of buying of Treasury securities and derivative products called interest rate swaps by mortgage portfolio managers ...
The iShares MBS ETF (MBB) is not our favorite investment in the current environment at all. We think there are two issues. Firstly, negative convexity in a relatively benign economic scenario, and ...
NEW YORK, Nov 7 (IFR) - Worry about the pending fiscal cliff and its implications for the US sovereign rating are weighing on USD 10-year swap spreads and may be the catalyst that tips them into ...