Stepping Back Into The Tranches

Posted by Bull Bear Trader | 8/29/2008 07:43:00 AM | , | 0 comments »

Jerry Webman of Oppenheimer Funds discusses bond market pricing and value. No specific names, but mentions that some individual mortgage-backed tranches offer value if you can find securities that are tied to financial companies with strong balance sheets, or at least companies that have the ability to repair their balance sheets. You need to be a long-term holder, but at least you are getting paid to wait (hopefully).

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