By Eric Parnell : Stocks have suffered a brutal May so far. After bouncing back to an intraday high of 1415 on the S&P 500 on the first day of the month, stocks have plunged by -7.8% in the days since. And the drop has been unrelenting along the way, with declines in ten out of the last twelve ...
… secondary-market liquidity. MBB , the entrenched incumbent, is ..... choose VMBS, and everyone else MBB . This fund tracks the Barclays ..... dividends monthly. Suitability IShares Barclays MBS Bond MBB owns mortgage-backed bonds issued …
By Eric Parnell : "It ain't over till it's over" -Yogi Berra The stock rally that began late last year is not over. But its time may soon be running out. Stocks have endured a bumpy last few weeks. After peaking intraday at 1422 on the S&P 500 on April 2, which was the first trading day of the ...
By Eric Parnell : The stock market has made one thing abundantly clear in the early days of the second quarter: It still cannot stand on its own at current levels without the continued support of additional stimulus from the U.S. Federal Reserve. And with the latest Fed stimulus program set to end
… Dividend Master notes, something does not compute when mortgage REITs that invest only in agency paper are getting sold (NLY is off 3% in a month, -9% Y/Y) while MBS prices MBB are ripping to a near 52-week high. Post your comment!
Last month was not a good month for bonds around the world. It wasn't a terrible month but a glance to the future when bonds go down. Let's see 1 month performance. INDEXES BONDS -TLT -4.2% VBMFX(US tot bond) -0.7% EM bond -0.5% World bond-0.2% Multi 0% HYG -0.9% MBB 0.1 ...
By Niklashausen : Treasury yields are on the rise and bond prices are falling. Last week was the worst for Treasurys since July. Ten-year notes are now over 2.3%, the highest level since last October (source ). If this trend continues, how will it affect bond ETFs? To assess the risk, I looked for
… of actively managed mortgage pools (with leverage inside of them) is better in the long run than a simpler mortgage fund ( MBB , VMBS), or a mortgage closed end fund (DMO, JLS, FMY) that has some, but lesser, leverage. With REM there is cost drag …
… hopelessly "simple minded." What spurred this inquiry today was the recent "behavior"(?) of the NAV for mortgage bond ETF MBB ....which was down over 2 points at yesterday's close but appears to have "recovered" (up almost 2 points) this morning …
By Eric Parnell : The date was September 21, 1938. The location was the northeast United States including Long Island and New England. And lives were forever changed by a hurricane that arrived unexpectedly, caused catastrophic damage and to this day ranks among the most severe weather events in ...