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(Bloomberg) The best mortgage bonds to buy now may be the ones the Federal Reserve is purchasing, because the securities might benefit the most if macro optimism fades.So far this year, some investors have been growing more hopeful about an economic recovery as a new U.S. stimulus package is rolled out. This has markets looking for any positive macro signs that may translate to the Fed tapering its direct purchases of mortgage bonds, according to a recent Bank of America report.A slowdown in central bank buying would hurt demand for the 30-year uniform mortgage-backed securities with 2% and 2.5% coupons that it tends to buy. Concerns about tapering are part of why those securities have generated excess returns over Treasuries of just 0.05% and 0.06% this year, performing far worse than mortgage bonds with 3% and 3.5% coupons. Those higher-coupon bonds have generated excess returns of 0.75% and 0.65%, respectively.But investor optimism about recovery may not last. Looking at bond yiel

United statesRandy ahlgrenChristopher maloneyFederal reserveWells fargoMortgage bondsMortgage backed securitiesEconomic recoveryMortgage investorsExcess returnsMortgage lendingஒன்றுபட்டது மாநிலங்களில்கிறிஸ்டோபர் மலோநீகூட்டாட்சியின் இருப்புகிணறுகள் ஃபார்கோஅடமானம் பத்திரங்கள்