AGNC Investment is trading €7.83, up 4.3%, possibly supported by management’s positive outlook on Agency mortgage-backed securities after its October 20 earnings call, though sources do not explicitly link the call to the move.
- Management cited spreads near the upper end of their multi-year range and resilient demand.
- REITs rose 1.54% amid easing yields and sector rotation.
- Third-quarter results included a 12.7% negative economic return and a 16.9% decline in tangible book value.