The Negative Convexity We Flagged Is Now a Cash Flow Problem

We walk through the mechanism we flagged months ago, now showing up in the filings.

***DONT FOLLOW THE MAINSTREAM SUBSCRIBE TO MAGNELIBRA IF YOU REALLY WANT TO UNDERSTAND WHERE THE MARKETS ARE HEADED***

***DONT FOLLOW THE MAINSTREAM SUBSCRIBE TO MAGNELIBRA IF YOU REALLY WANT TO UNDERSTAND WHERE THE MARKETS ARE HEADED***