NEW YORK (Reuters) -The recent drop in U.S. yields has raised speculation that a wave of buying of Treasury securities and derivative products called interest rate swaps by mortgage portfolio managers ...
One of us had a professor who would say, “When it comes to math, I’m slow, but I’m inaccurate.” That shortcoming can be a problem for understanding convexity in many parts of the fixed income markets, ...
Rocket Companies, a mortgage loan provider, has experienced a decline in revenues but has grown in terms of brand awareness and retail mortgage market share. The company faces risks from rising ...