Seeking Alpha
  • Mike Maher
    $AGNC $NLY $CYS $WMC "a strong majority" of Fed officials now believe the Fed won't sell MBS as they normalize policy - WSJ
    6/19/13
    Reply (4)
    • Dividend Living: Also said they would rollover maturing securities into new ones. should put a damper on supplies and keep values up, but not this afternoon
      6/19/13
    • Mike Maher: This afternoon was a knee jerk more than anything. the Spread btwn 2s and 10s back above 2%, should mean the overall environment is better
      6/19/13
    • Dividend Living: Price on 30 year fixed 3.5% FNMA was down a whole percentage point (103.3 - 102.3). Cant be good for book value in the short term.
      6/19/13
    • Mike Maher: Yea ur right its not, but I'd rather have larger spreads and higher payouts than BV at $35...20% yield and stable price would be ideal lol
      6/19/13