- My last article analyzed New Residential Investment Corp. by its yield spread relative to the 10-year treasury rate and BBA bond yield.
- The results suggested slight overvaluation but still good potential for a single-digit return and a good 8% current dividend income in the mid-term.
- This article first provides an update to the change in the yield spread since my last writing.
- Secondly, building on the previous results, this article also discusses an alpha generation method based on the yield spread.
For further details see:
New Residential Investment Corp.: Alpha Generation Via Yield Spread