All Aboard the MBS Train
May 20, 2024 — The agency MBS sector has emerged as one of the best relative valuation opportunities in the fixed income market over the past year. Given the stabilization in yields after the May FOMC meeting and the recent cooling of economic data, we believe agency MBS outperformance could continue.
Featured Insights
Fixed Income
All Eyes on Inflation this Week
May 13, 2024 -- The Bureau of Labor Statistics will release April CPI data on Wednesday. Consensus calls for an increase of 0.3% in core CPI and 0.4% in headline inflation...
Fixed Income
Weakening Data Signals a Downward Shift in Interest Rates
May 16, 2024 -- After rising in response to better than expected economic data through the first 4 months of the year, bond yields reversed course and fell sharply in May...
Municipal Fixed Income
Once Destined for the Muni Graveyard, Historically Challenged Issuers Come Back to Life
May 7, 2024 -- The following three issuers, all of which are Sage holdings, have undergone significant fundamental turnarounds.