TTT - Considering Mortgage-Backed Securities In A Fixed Income Portfolio
By Paul W. Varunok, Portfolio Manager, Mortgage-backed Securities, Franklin Templeton Fixed Income
The COVID-19 pandemic has impacted all corners of the market, including mortgage-backed securities. Franklin Templeton Fixed Income's Paul Varunok takes a closer look at the space, and why he feels they can offer some stability in a fixed income portfolio.
Transcript
Host: Paul, we're going to talk about impacts from the coronavirus pandemic, including the Federal Reserve's purchasing of Treasuries and mortgage-backed securities, but let's start with the basics and first go over what exactly is a mortgage-backed security?
Paul Varunok: It's simply