AGNC Investors Track Book Value and Dividend Coverage Ahead of Q3 Results
Photo: TokenPost
Investors are watching AGNC Investment Corp.'s (AGNC) book value and dividend coverage as higher Treasury yields and wider mortgage-backed securities spreads may add pressure ahead of its third-quarter report. Book value may face further erosion if 10-year Treasury yields rise and mortgage-backed securities spreads widen. Net spread income is another focus because it indicates whether the company can cover dividends. Recent Treasury yield moves brought 10-year and 30-year rates to levels last reached in 2002. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
