GlobeSt: Another Bond Yield Inversion—Now What?
10/27/2022
“There is value for buyers, with nominal spreads of a 30-year [mortgage-backed security] MBS to a 5-year/10-year blend widening to 174 bp,” adds Justin Hoogendoorn, head of fixed income strategy and analytics at HilltopSecurities. “This has only been matched very briefly during COVID and then during the Financial Crisis.”