Nice to see ZFC has a message board. Hoping a pro can enlighten us why ZFC has slipped . Is this just how the sector is trading? Volume seems to have gotten really light. Trying to stay bullish...any thoughts welcome.
Interest rates are going up so everything which has a NAV based on bonds/mortgages is going to slip in value. google for Yield Curve and then choose the first link going to the treasury website. Look down the columns and what's happened to rates over the past 4 weeks. Rates for all maturities are up - some significantly.