The lower outlook by Moody’s, just months after Fitch's downgrade, reflects the rating agency’s concerns over the United States' long-term fiscal stability, but the impact on bonds should be near zero.
Residential mortgages are transformed by investors’ de-risking process into a spectrum of assets, from very stable CMO bonds to mortgage derivatives, credit risk transfers and more. The result is a broad range of liquid investment opportunities featuring differentiated risk profiles and attractive risk-adjusted returns.
Read “How Digital Twins Are Reshaping Industries” to learn how companies are optimizing their virtual replicas with advancements in AI and data science.
Where Frost took the road less traveled, we insurance PMs can take two (or more!) roads at once as we forge a path that delivers on our investment objectives.