Baird Fixed Income Insights: Convexity Pulse

Baird Fixed Income Insights: Convexity Pulse

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Baird's Fixed Income Portfolio Strategy & Analytics Manager, Kirill A Krylov, PhD, CFA, offers our institutional investors a weekly discussion on the most recent Agency MBS market developments. From regulatory updates and changes in government mortgage programs to convexity-enhancing specified pool features, we highlight the most relevant news for MBS investor consideration.

Latest Episodes

Myth of Permanent Lock-In & Wine Cellar Theory of CMOs

In this week's Convexity Pulse, Kirill Krylov and Steven Scheerer discuss why today's mortgage market continues to defy simple narratives. They examine how shifting Fe...

/ 23:41/E57

3D Home Printing, Burnout, and the Future of Mortgage Supply

In this week’s Convexity Pulse, Kirill Krylov and Steven Scheerer discuss why technical factors continue supporting agency MBS, even as spreads approach fair value and...

/ 25:52/E56

Refinance Friction Zone of High DTI & Return of Convexity Hedging Monster

Every generation believes it is navigating unprecedented uncertainty. This week, Kirill Krylov and Steven Scheerer explore what that uncertainty means for mortgage inv...

/ 19:03/E55

Diminishing Returns of GSE Buying and an Extra Scoop of Amerihome Gelato

In this week’s Convexity Pulse, Kirill Krylov and Steven Scheerer discuss why volatility, rather than the outright direction of rates, may remain the most important va...

/ 20:01/E54

Future of OTM Speeds & The New Low Loan Balance Playbook

In this week’s Convexity Pulse, Kirill Krylov and Steven Scheerer discuss why agency MBS fundamentals remain more constructive than recent volatility would suggest, de...

/ 25:15/E53
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