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TWO - AGNC Investment: The Cycle Has Shifted
January, 26 2024 03:52 AM
Two Harbors Investment Corp
2024-01-26 03:52:13 ET
Summary AGNC Investment had one of its best quarters in two years, with tangible book value (TBV) increasing by nearly 8% sequentially to $8.70. Spread income remains high, powered by the firm's hedging strategy. The outlook for AGNC now looks much brighter with the Fed set to shift gears and start to cut rates this year. ...
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AGNC Investment: The Cycle Has Shifted
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