Agency, Nonagency MBS Show Relief
Trading in agency and nonagency mortgage-backed securities is showing signs of recovery following government efforts to stabilize the housing and credit markets.
--Leela Parker
Trading in agency and nonagency mortgage-backed securities is showing signs of recovery following government efforts to stabilize the housing and credit markets. Current 30-year Fannie Mae MBS coupons are 198 basis points over the average yield of five- to 10-year Treasury bonds, roughly 100 bps tighter than ...Already a subscriber? Login