Annaly (NLY) and Two Harbors (TWO) are both cut to Hold from Buy at Wunderlich, which no doubt...

|About: Annaly Capital Managemen... (NLY)|By:, SA News Editor

Annaly (NLY) and Two Harbors (TWO) are both cut to Hold from Buy at Wunderlich, which no doubt envisions future dividend cuts thanks to the flattening yield curve. The stocks take the news in stride, both up moderately.