Joined at the hips? Mortgage REIT woes doing a number on mortgage bonds

... relies on leverage, and leverage cuts both ways," said Ken Hackel, the head of securitized product strategy at Stamford, Connecticut-based bond broker CRT Capital Group LLC. "In good times it generates above-market returns. But when times get ...

http://www.investmentnews.com/article/20130710/FREE/130719997