“I expect this to continue until we get more clarity over the economy and the Fed. While there is still uncertainty, people will pull back if spreads are wider and yields are higher, it might not make as much economic sense to issue or originate.”—Scott Buchta, head of fixed-income strategy at Brean Capital, on his expectation that issuance of asset- and mortgage-backed securities could slump in the second-half of 2013.
“I expect this to continue until we get more clarity over the economy and the Fed. While there is still uncertainty, people will pull back if spreads are wider and yields are higher, it might not make as much economic sense to issue or originate.”