$美国资本代理(AGNC)$ $Annaly资管(NLY)$ When historical vol + deep itm prepayment options turned from negative convex to positive convex + 8x leverage + non recourse option strategy…oh boy.
let’s hope yields settle back to 0.782(4.2-4.3%) since 07 pre GFC for the next couple months, 20 baggers baby.