AGNC: Set For More Pain

On the Pulse
14.56K Followers

Summary

  • AGNC Investment’s book value had another down quarter. This time, book value plummeted 13%.
  • A more aggressive rate hiking cycle poses net interest spread risks.
  • Given AGNC’s recent book value trend, the stock is too expensive.

Close up hand of man signing signature loan document to home ownership. Mortgage and real estate property investment

marchmeena29

AGNC Investment Corp. (NASDAQ:AGNC) stock is currently yielding 11.4% despite the fact that the mortgage trust experienced another significant sequential decline in its book value.

Simultaneously, AGNC's net interest spread risks increased significantly in the second quarter, owing to higher

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