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AGNCNLYBEARISHFLIPPEDTHE JULIA LA ROCHE SHOW · BULLISH IN AUGUST → BEARISH IN AUGUST

Avoid long-dated Treasury bonds

The guest argued against buying 30-year Treasury bonds at current rates, stating there are better-yielding, relatively safe alternatives.

THE JULIA LA ROCHE SHOW CHANGED ITS VIEW

BULLISH FOR 4 WEEKS, THEN THE TURN
THEN25 JUL · BULLISHThe guest argued that high-yielding agency mREITs like Annaly Capital Management offer safe, attractive cash yields managed through spread risks rather than interest rate bets.NOW22 AUG · BEARISHThe guest argued against buying 30-year Treasury bonds at current rates, stating there are better-yielding, relatively safe alternatives.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE