AGNC Investment Corp.: The Fed Sets The Tone For A Further Recovery


  • Notwithstanding the market’s pessimism, AGNC Investment Corp. stock has performed reasonably well recently.
  • Fed Chair Jerome Powell didn’t send “negative” signals in his congressional testimony.
  • The market has priced in the first cut in September 2024, and Powell has not rejected the market’s prognostications outright.
  • AGNC’s upcoming earnings call on July 23 will be scrutinized for clues on the adjustment of AGNC’s hedging strategies.
  • I argue why AGNC’s relative undervaluation is well-poised to benefit as the Fed moves into cutting interest rates. Read on.

Federal Reserve Chair Jerome Powell Testifies In Senate Banking Hearing

Bonnie Cash/Getty Images News

AGNC: Powell’s Testimony Is Well-Received

AGNC Investment Corp. (NASDAQ:AGNC) investors have performed reasonably well since my previous bullish AGNC update in early April 2024. I urged investors to focus on the mREIT’s highly appealing

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