Feb 14, 2023 / 08:15PM GMT
Douglas Michael Harter - Crédit Suisse AG - Research Division - Director
Thanks for joining us. I'm Douglas Harter from Credit Suisse, cover mortgage finance, including the mortgage REITs and happy to have AGNC back at the conference with us. Up here on stage with me, we have Peter Federico, CEO. And also from AGNC, we have Sean Reid in the audience. So first, Peter, thanks for joining us.
Peter J. Federico - AGNC Investment Corp. - President, CEO & Director
Thank you for having us..
Questions and Answers:
Douglas Michael Harter - Crédit Suisse AG - Research Division - DirectorJust to start, can you just help put into context where Agency MBS spreads are today versus kind of long-term averages?
Peter J. Federico - AGNC Investment Corp. - President, CEO & Director
Yes. I mean, we have a really positive outlook for Agency MBS spreads. And we know how wide and cheap Agency MBS spreads got in the fall of last