Jul 23, 2022Liked by Recovering TradFi Chad

Great analysis. Appreciate that you've taken the time to write and share your thoughts.

Howard Marks said he thought agency MBS bonds were now offering very attractive risk/reward returns. I spent the morning considering VMBS (ETF), but I'm just not seeing the relative attractiveness to non-callable UST.

If you have a moment, mind commenting on current agency MBS as an investment? Do you know of a source that publishes OAS for agency MBS?

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Jul 22, 2022Liked by Recovering TradFi Chad

Can you ELI5 why the Fed liquidating its MBS portfolio would be a disaster for risk assets?

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