The Next Big Trade for Bond Investors Is Betting on US Homeowners

Bloomberg The Next Big Trade for Bond Investors Is Betting on US Homeowners Bloomberg One of the best bond trades of 2018 might one of the top from this year: betting that U.S. homeowners won't default on their mortgages. Money managers piled into relatively new Fannie Mae and Freddie Mac bonds known as "credit risk transfer" securities ......(read more)

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