Creaky credit sparks 'high' dispersion in CLO pricing
Investors are becoming more particular when it comes to tranches and managers
Source: risk.net
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Wall Street touts a 'buy MBS, sell credit' trade on Fed bets
Anticipation of the Federal Reserve’s balance-sheet reduction is weighing on bonds backed by mortgages, but the actual event may make them an attractive alternative to corporate debt.
Source: nationalmortgagenews.com