Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
These days TCW is exiting profitable positions in bank corporate bonds and riskier mortgages it thinks are overvalued in favor of generally higher quality, shorter-term securities.
"We're taking some chips off the table," says Mr. Rivelle.
Comments