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CYS Investments, Inc. Message Board

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  • instantwinbutton instantwinbutton Oct 31, 2012 1:45 PM Flag

    CYS NEEDS A SHARE BUYBACK PLAN. AGNC JUST ANNOUNCED A ONE. WHY NOT ?

    That would mean increasing leverage when MBS prices are at an all time high. I dont think its smart.

    • You're not looking at big picture. with QE3, interest rates drops (true make current MBS premiums) however, as MBS are refianced, what are they going to do with equity? They can't buy MBS because there are none to be had -- QE3 will be buying all that is available. So only option I see is they have to paydown debt and return equity (BUYBACK). what other options are out there?

 
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