
AGNC Investment: Unusually Low MOVE Index Is A Ticking Time Bomb
AGNC Investment Corp. reported a strong FQ4 with 11.6% economic return and TBV per share up 7% to $8.88. Lower interest rate volatility and tighter mortgage spreads drove solid ROE and tangible book value growth for AGNC. The MOVE index is at a multi-year low, raising concerns for AGNC's future profitability and book value if volatility rises.

















