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Addressing what may be investor disappointment the firm didn't move assets into non-Agency MBS...

Addressing what may be investor disappointment the firm didn't move assets into non-Agency MBS during Q3, Western Asset Management (WMC) executives tell conference call listeners it continues to see better risk-adjusted returns in the Agency area, particularly fixed rate 30-year mortgages. CPR was just 4.1% in Q3, and fell to 2.8% in September. Who's to argue with that? 
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