See the WSJ pupblication that came out Friday evening. Nothing will actually happen yet, but that does not mean the market won't overreact. This explains the spike in the 10Y to 1.9%.
the market is already reacting. how do you think investors will respond to the next MTGE spo and/or the next AGNC spo?
There will not be another AGNC or MTGE SPO for a long time unless the Share price is very much well ahead of book.. So AGNC would need to be around $33 and MTGE would need to be $26.00+