marchmeena29
After raising interest rates by 75 basis points four times in 2022, the central bank eased off the gas in December, raising rates by only 50 basis points. However, this does not imply that the Fed is becoming more dovish.
Annaly Capital Management's 16% Dividend Yield Is Too Risky
Summary
- A steeper interest rate curve poses a formidable risk to the mortgage trust sector and to Annaly Capital Management, Inc.
- The central bank has made clear that it will continue to combat inflation.
- Annaly Capital Management, Inc.’s premium valuation is utterly unjustified.
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