Episode Details
| Title | Where The Next Big Bond Trade Is Hiding | Harley Bassman |
|---|---|
| Date | 10/2/2024 |
| Podcast | Forward Guidance ↗ |
Key Insights
Bullish:
- 🟢 $MBS - Mortgage-backed securities (MBS) are attractive due to their zero credit risk, despite having callable and prepayment risks. They are considered safer compared to corporate bonds, especially in potential economic downturns.
- “Mortgage bonds have zero credit risk. They have callable risk. They prepayment risk. There's zero credit risk in Fannie, Freddie, Ginnie mortgage bonds.” - Harley (18:04)
- 🟢 $EQUITIES - 🔒
Bearish:
- 🔻 $CORPBOND - 🔒
- 🔻 $VOL - 🔒