Quantcast

New Pricing Paradigm for Spread Product: Though Borrowers are Unwilling to Jump the Gun, Sources Say

If traders learned one major lesson from the market crises of 1998, it was that hedging asset-backed and mortgage-backed securities required hedging out spread risk - forcing players to pay special attention to the swap market, the ultimate harbinger of which direction spreads are going.

The reverberations of that...

To continue reading, log in, register or subscribe below.Calendars are available to registered users of The Bond Buyer web site.
Please log in below with the credentials you established at the time of your subscription or when you set up a free trial. If you have never set up an account with The Bond Buyer, please click the "Free trial" link below to set up your account.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.