Mortgage-Backed Securities: The Case for Safety and 2% Yields
Barron’s, May 20, 2016–Stone, Amey
There aren’t a lot of great fixed-income options now that the Fed is talking about hiking rates, Treasuries are selling off and the rally in corporate credit has stalled. One suggestion from the folks at LPL Financial is mortgage-backed securities, or bonds that are backed by pools of mortgages.