MH+ Ep.19 : ‘No Bad Bonds, Just Bad Prices’ Kev Catches Up With Harley Bassman

Harley Bassman, Simplify Managing Partner and Author of The Convexity Maven, discusses bonds, mortgages, trading, and his new strategies TUA and MBTA. They explore the intricacies of trading mortgage-backed securities, the relationship between easing and steepening, the concept of hubris and ego in politics, the implications of the Federal Reserve staying tighter for longer, and a trade that expresses concerns about the financial system.