Not bad for us AGNC longs especially since we're trading considerably below cash already -- my back of the envelope says we're close to $35/share BV already.
MY trader tells me the fed is buying up pretty much all the production of agency MBS
about 40-42billion per month is being produced.
Where do you see that article ghost rider?
I find that pretty hard to believe. The MBS going to market has been trending up this year from what I recall.
His interview on CNBC last week -- I was a bit surprised too (since I've been monitoring Agency MBS activity pretty closely on the NY Fed's site)