Past Peak Hawkishness (guest: Barry Knapp)
The Market Huddle
00:00
Is the Fed Getting More Aggressive About It?
The flow effect should already be complete, because they stop buying assets in june. But as mortgages mature, that will put duration back into the market and that will put pressure on longer term railways. So it's really the mortgage piece that has the most impact on the longer part of the curve. i've been urging to be more aggressive about that, to actually consider outright sales.
Play episode from 52:19
Transcript
