Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

The previously down solidly mortgage REIT sector begins to show some green, moving higher in...

  • Wednesday, August 22, 2012, 3:40 PM ET
    The previously down solidly mortgage REIT sector begins to show some green, moving higher in unison following the Fed minutes. Presumably, the next bond purchase program will be aimed at MBS, of which the mREITs own plenty. The entry of a gorilla buyer into the market will likely drive prices higher.
Track new comments on this story

This news story has 1 comment:

  •  
    Prices moving up mean yields moving lower. While the increase in book value could be substantial, I worry about what happens if the yield curve gets flatter.
    22 Aug 2012, 05:17 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Articles on Financials
More Latest Articles »