PIMCO’s Scott Simon on the MBS Market

We are unlikely to see a significant market disruption in the Agency market stemming from the Fed’s retreat…if and when we see mortgages cheapen, we expect to see private institutions stepping in to buy. Even a 15 basis point move could spark a flurry of buying. Therefore, we don’t expect a major widening of mortgage spreads – Pimco

Be the first to comment

Leave a Reply

Your email address will not be published.