Investors’ next update on AGNC Investment Corp.’s (AGNC) book value and dividend coverage will come with its third-quarter report. Ten- and 30-year Treasury rates have returned to levels last reached in 2002.
Wider mortgage-backed securities (MBS) spreads may also pressure the company’s book value.
AGNC has declared an unchanged dividend. Investors are also following net spread income, which can indicate whether the company generates enough income to cover its dividend payments.
The third-quarter report is the next update investors are awaiting on those measures.
