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How the Federal Reserve Has Helped AGNC Investment

How the Federal Reserve Has Helped AGNC Investment

In March and April, the financial markets tightened up and mortgage REITs were peppered with margin calls, which caused forced selling, decreased book values, and forced every mREIT to cut its dividend. AGNC Investment Corp. (NASDAQ: AGNC) recently gave an update on where things stand. Interest rate volatility was muted as the Federal Reserve communicated its intention to hold short-term rates at current levels for several years.