FRE and FNMA debt to benefit ??

H

hayman

What is everyone's opinion on how a government bailout of FRE and FNM, will effect the corresponding Corporate debt ?

Will Bill Gross' PIMCO funds, namely PTTRX (Total Return Institutional) benefit from such a bailout ??? I see that Bill Gross is very much behind this bailout. Do his bond funds aim to benefit from such a bailout ?

Opinions on this ????
 
Quote from hayman:

Bullish for Debt
More...

I think the only way to make out here is own the 'short treasury / long agency debt' spread.

I think overall bearish for debt due to increased risk to treasury bond assets.
 
You must log in or register to reply here.
Back
Top