I agree and won't take long. I don't think tomorrow because that would be quite a spike but I am confident that the lows were in last month. I bought and was so freaked to see what happened after the close I waited until evening to check the stock. I was so relieved. The hedging paid off for AGNC. Smart management to hedge. . .
Don't know about tomorrow but it will go to over 28 soon:
"The second quarter was characterized by extreme volatility in both interest rates and mortgage spreads. In response, we remained highly disciplined with respect to our risk management activities. We reduced the size of our asset portfolio, adjusted our asset composition to be more consistent with a higher rate environment, and materially increased the duration of our hedges. As a result of these actions and evolving market conditions, our exposure to higher rates is lower than it has been in years and our ‘pay-up’ risk is now minimal."