Built for this moment: Mortgage-backed securities are earning their place in fixed-income portfolios amidst an uncertain rate environment.Teri Savage, Senior Trader on RBC GAM's BlueBay U.S. Fixed Income team, unpacks how securitized sectors are navigating sticky inflation and shifting Fed expectations.Agency mortgages continue to act as a vital defensive anchor for portfolios during periods of broader macro uncertainty. The upward move in 30-year mortgage rates reflects a market transitioning to a higher-for-longer narrative regarding monetary policy. With contained net supply and stable prepayments, mortgage spreads present a highly compelling alternative to corporate credit.
Podzilla Summary coming soon
Sign up to get notified when the full AI-powered summary is ready.
Free forever for up to 3 podcasts. No credit card required.
Listen to This Episode
More from The Weekly Fix
Stocks up, bonds down, and the Fed's not moving
AI concentration risk: don’t get over hype-scaled
Unprecedented Fed discord signals uncertain road ahead
Income without illusion: navigating late-cycle credit markets
Get summaries like this every morning.
Free AI-powered recaps of The Weekly Fix and your other favorite podcasts, delivered to your inbox.
Free forever for up to 3 podcasts. No credit card required.