Mortgage REIT margins benefit from net interest spreads
The speaker argued that mortgage REITs like Annaly Capital and AGNC benefit when long-term rates rise because they can invest in higher-yielding agency securities to expand their interest rate spread.
Sign in to read the full idea
The argument, what validates it, the risks discussed and hearing it from the source are for signed-in members. Free accounts read 3 ideas in full a day. No card required.