Will We See Inflation or Deflation? [View article]
Smarty Pants, What you’re referring to is interest rate risk, credit risk is generally thought of as the risk of default. Certainly if the yield curve inverts (short term rates higher than long term rates) NLY and AGNC would not do well but the thesis in this article is based on the yield curve remaining steep.
Will We See Inflation or Deflation? [View article]
Smarty Pants, What you’re referring to is interest rate risk, credit risk is generally thought of as the risk of default. Certainly if the yield curve inverts (short term rates higher than long term rates) NLY and AGNC would not do well but the thesis in this article is based on the yield curve remaining steep.
Will We See Inflation or Deflation? [View article]
What you’re referring to is interest rate risk, credit risk is generally thought of as the risk of default. Certainly if the yield curve inverts (short term rates higher than long term rates) NLY and AGNC would not do well but the thesis in this article is based on the yield curve remaining steep.
Will We See Inflation or Deflation? [View article]
What you’re referring to is interest rate risk, credit risk is generally thought of as the risk of default. Certainly if the yield curve inverts (short term rates higher than long term rates) NLY and AGNC would not do well but the thesis in this article is based on the yield curve remaining steep.