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CMO will be the first out of the gate with earnings after the close on the 30th (Wednesday).
So CMO announce that spreads declined 17% and book value fell 3%. The stock opens up down 3% and makes its way to flat by the end of the day. Not sure what to make of that.
If AGNC follows suit the stock is currently trading around book value.
Maybe because of their Conference call.
It's posted on seeking alpha.
The analysts asked them how things were right now.
It sounded better than Q4.
Repo rates were down slightly from Q4
Yields were up slightly from Q4.