2008 Bond Picks
My bond picks for 2008 are in the portfolio below:
http://cmoderivatives.org/pdfs/TRS.pdf
http://cmoderivatives.org/pdfs/Total-Return-Investors.pdf
My reasons for picking these bonds is based on recent economic reports: lower retail sales, slow growth, housing crisis, more write downs, wave of foreclosures leaves the fed no more room but to continue to ease the fed’s fund rates.
CMO and Mortgage Derivatives:
BUY:
Trust: POs/INV Floaters
Structure: POs/IIO/INV Floaters
SELL:
Floaters
IO
PACs/SEQs
Udo Onwuachi
Execution Trader
Disclaimer: This is the private opinion of the writer and not that of any organization or institution the writer is solely responsible for these opinions. This is not advice to buy or sell security. This article is for educational purposes only, and not to be use for any other purpose.
