American Capital Agency (AGNC -0.7%) is getting no pressure from its lenders to reduce leverage...

|About: AGNC Investment Corp. (AGNC)|By:, SA News Editor

American Capital Agency (AGNC -0.7%) is getting no pressure from its lenders to reduce leverage in light of the decline in mortgage prices, says CIO Gary Kain, responding to a question at the Morgan Stanley conference (webcast) (slides). If anything, he says, AGNC has room to take up leverage to an even higher level (it averaged 8.2x in Q1). Previous: The presentation discloses book value loss in Q2 through June 7 is similar to that of Q1.