Annaly Capital Management: Epitome of Low Risk, High Reward [View article]
agree with jaz here - this is not about spreads meanreverting - you are buying govies with a spread to govies..as long as you believe US treasurieas are risk free this is a close to free arb as it gets..Risk trade - why dont you short some FNM stock as a hedge?
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agree with jaz here - this is not about spreads meanreverting - you are buying govies with a spread to govies..as long as you believe US treasurieas are risk free this is a close to free arb as it gets..Risk trade - why dont you short some FNM stock as a hedge?
Aug 01 10:36 am
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All Comments by Dmitri »Annaly Capital Management: Epitome of Low Risk, High Reward [View article]