Search
 

Investors See Opportunities Following Fannie, Freddie Rescue

MADISON, Wis. -- Bond investors reacted to the Fannie Mae and Freddie Mac conservatorship by taking on riskier assets outside of U.S. Treasuries while others turned to financial and consumer stocks in anticipation of lower mortgage rates, according to MEMBERS Capital Advisors.

By Michelle A. Samaad | Updated on September 11, 2008

MADISON, Wis. — Bond investors reacted to the Fannie Mae and Freddie Mac conservatorship by taking on riskier assets outside of U.S. Treasuries while others turned to financial and consumer stocks in anticipation of lower mortgage rates, according to MEMBERS Capital Advisors.

The Fannie/Freddie rescue plan appeared to calm the “simmering fears of bankruptcy if bad debts were to continue to mount at both institutions,” the CUNA Mutual Group registered investment adviser subsidiary wrote in its MarketLine alert this week.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.