The MUFG Global Markets Podcast
Business
In this month’s episode, MUFG Head of Prepayment Modeling and Strategy, Glenn Schultz, discusses July's prepayment data and gives the lowdown on the Spring/Summer selling season's turnover. He also reviews relative value across the specified pool stories highlighting those he believes offer MBS investors superior relative carry. Finally, Glenn reviews our basis forecast and makes the argument for our year-end target of 120 to 130 basis points for the 30-year agency current coupon.
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