ETFs & Funds
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"Rates go down you get killed, rates go up you get killed," says hedge fund manager Brad Golding, summing up
the situation for mortgage REITs
. The days of double-digit yields are over - at least at Annaly (
) - where new co-CEO Wellington Denahan-Norris calls it "fantasy" to think the company can just jack up leverage to replicate the returns of the past.
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I agree much better then a super savins account. Plan on holding long term. NLY and TWO.
Oct 16, 2012. 12:48 PM
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