Quantcast

RMBS week: Money managers, CMO dealers and arb accounts find play as rates hit 7%

Despite concerns regarding convexity and prepayment risk, the mortgage sector began to see good buying by Thursday of last week. The sector is seen as cheap on a fixed-volume basis by some, and the primary participants have been money managers, banks, CMO dealers and arb accounts, sources say.

While...

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.