DEED News and Press, First Trust TCW Securitized Plus From 05/12/23

2023-05-12 01:25:00 ET Summary Although affordability remains an obstacle, recent data offer reasons to be more constructive as broader conditions still appear supportive of home prices. Demand is down due to the shock in affordability after the sharp rise in mortgage rates in the...

2023-05-05 02:45:00 ET Summary As bond yields rose in 2022, investors sought refuge in high-yield bank loans, whose floating coupons are often heralded as an antidote to rising rates. But with conditions shaping up differently in 2023, bank loans may face challenges. We think ...

2023-04-30 08:02:00 ET Summary The pandemic hurt small retailers by hastening the transition to digital commerce and emptied office buildings by turning living rooms into workspace. Although it’s tempting to lump commercial real estate together, the commercial real estate m...

2023-04-28 02:00:00 ET Summary The Fed only holds government-backed Agency MBS where the taxpayer carries the credit risk, not the Fed. The FDIC bridge banks have been and still are the largest of the bank liquidity support programs. Treasury notes and bonds roll off the balan...

2023-04-24 15:00:07 ET First Trust TCW Securitized Plus ETF ( NYSEARCA: DEED ) - $0.1000 . 30-Day SEC Yield of 6.39% as of March. 31. Payable Apr 28; for shareholders of record Apr 24; ex-div Apr 21. For further details see: First Trust TCW Securitized Plus E...

Summary As a result of higher mortgage rates, an oversupply of housing and falling demand, the downturn in the housing market is only just getting started. Given the housing markets are important to economic growth, this will continue to be a significant drag on the business cycle...

Summary The average spread between the 10-year Treasury and the 30-year mortgage rate has averaged 1.7% since 1990 and now stands at 2.9%. Small and mid-cap stocks continue to look better technically than US large cap. The Russell 2000, S&P 600 and S&P 400 (midcap) index E...

Summary The Federal Reserve's aggressive push higher in the Fed Funds rate has resulted in mortgage interest rates following suit and rapidly moving higher as well. One factor that might insulate home prices from declining significantly is the lack of supply of existing homes avai...

Summary The Fed’s first big policy mistake of the pandemic era was having “the courage to act”. Arguing for a faster response of inflation to monetary policy is the Fed’s balance sheet changes. The Fed will have to push the Federal Funds rate up at ...

Summary Rate hikes and tighter financial conditions drove fixed-income returns lower in 2022. The broad repricing of bonds and the higher starting yields we have now can help insulate investors from further losses. If we look at international bonds, this is probably the first ...