Trump Administration’s Plan to Buy Agency MBS: How to Play It?

About this episode

The episode discusses the Trump administration's proposed purchase of agency mortgage-backed securities and its implications for fixed income managers.

Policy headlines are creating fresh opportunities in securitized markets. This week on the Basis Points podcast, Kevin Flanagan is joined by Dave Goodson, Head of Securitized at Voya Investment Management, to break down the Trump administration’s proposed $200 billion purchase of agency mortgage-backed securities (MBS), what’s already priced in and where active fixed income managers may find relative value. They also explore why a mortgage-plus approach could make sense as policy and market dynamics continue to evolve. Basis point: 1/100th of 1 percent. MBS: Mortgage-backed security CMBS: Commercial mortgage-backed security RMBS: Residential mortgage-backed security Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

People in this episode

Host: Kevin Flanagan

Guest: Dave Goodson

Topics covered

• mortgage-backed securities
• policy analysis
• fixed income
• investment strategies
• market dynamics

Keywords

• Trump administration
• agency MBS
• relative value
• mortgage-plus approach
• securitized markets

Mentioned in this episode

Products: agency mortgage-backed securities

More episodes of Basis Points

• Are Bessent’s Hands Tied? · June 3, 2026 · 5 min
• ‘Warsh’ and Dry · May 20, 2026 · 4 min
• What’s ‘Under the Hood’ of Your Core Bond Position? · May 13, 2026 · 5 min
• Powell Stays…Should the Dot Plot? · May 6, 2026 · 5 min
• Fed Watch: Powell’s Last Stand & What Comes Next? · April 29, 2026 · 4 min
• Inflation’s First Official Debut · April 15, 2026 · 4 min