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Capstead Mortgage (CMO -1.2%) is downgraded to Neutral at Macquarie, which clearly is no longer...
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Tuesday, September 25, 2012, 9:40 AM ETCapstead Mortgage (CMO -1.2%) is downgraded to Neutral at Macquarie, which clearly is no longer a fan of the sector, having recently downgraded Annaly and American Capital Agency as well. Capstead differs from those 2 giants in that the majority of its MBS portfolio consists of variable-rate paper.
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