Convexity of MBS

CFA Level III
#1

Q19, p.401, CFAI vol 3. Which has “less -ve convexity”, a high or low coupon MBS? Why? - sticky

#2

low coupons. As interest rates have to get pretty low before they start displaying negative convexity

#3

CareerChange Wrote: ------------------------------------------------------- > low coupons. As interest rates have to get pretty > low before they start displaying negative > convexity Thanks! - sticky