4 ms·
MBS are much safer today than pre GSE (government sponsored entities). SVB failed to hedge their assets. The MBS will still be worth their face value at maturi
by almost_usual 4y ago
MBS are much safer today than pre GSE (government sponsored entities). SVB failed to hedge their assets.
The MBS will still be worth their face value at maturity.
- tomato_123 4y agoYes, thank you. I feel like people are throwing around "MBS" because it's vaguely menacing and reminds people of 2008. 2023 MBS are a completely different animal; any comparison to 2008 is a total red herring from people angling for free money from the taxpayers.
- chkaloon 4y ago"at maturity" is a little too far out, unfortunately.