More on CYS Investments (CYS) Q1 earnings: Net interest spread falls to 1.16% from 1.31% in Q4....

|About: CYS Investments, Inc. (CYS)|By:, SA News Editor

More on CYS Investments (CYS) Q1 earnings: Net interest spread falls to 1.16% from 1.31% in Q4. NAV/share of $12.87 vs. $13.31 on Dec. 31 - company blames lower asset values due to steepening of yield curve following Feb. jobs report; notes curve has subsequently flattened and asset values are recovering. Shares +1% AH to $12, still remain 6.8% below a likely-understated NAV. (PR)