Tony Rodriguez

"Capitalize on some of those moves. For example, buying back into some mortgage exposure so close out some of those bets that haven't worked for you but remain diversified." With interest rates expected to remain range-bound and the Federal Reserve delaying cuts due to sticky inflation, agency mortgage-backed securities offer attractive yields and vital portfolio diversification compared to stretched equity valuations. LONG. MBS provides a safe haven with steady income generation during periods of heightened geopolitical and equity market volatility. If inflation re-accelerates significantly, forcing the Fed to actually hike rates rather than just delay cuts, bond prices across the board will suffer.