Higher rates and more volatility...best desks going forward besides rates?

traderfx123's picture
Rank: Chimp | banana points 7

Junior finance student interested in having a "long" career where I can truly become an expert in my product. I have background in macro trading, but I was interested in hearing some thoughts on the non-agency MBS space as well as CLO trading going forward? As rates start to increase, will investors still be attracted to risky MBS and will the volatility crush CLO issuance? Clearly, macro rates will do well under this scenario which will define my first few years on the desk, but doing something more fundamental is attracting to me.

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Comments (3)

Dec 12, 2016

Don't go into trading if you want a long career. Algos are taking over

Dec 12, 2016

My understanding is that isn't the case in the non agency mbs and CLO space. Def true in macro rates though.

Dec 12, 2016
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