Annaly Capital: Buy, Sell, or Hold?
The Motley Fool
AUGUST 18, 2024
Also, since the mortgage yield isn't relatively high enough, the mREIT uses leverage to boost the return on its portfolio. Annaly uses repurchase agreements (repo) and other financial instruments to leverage and boost returns. However, the average cost of its liabilities was 3.01%, up from 0.79% two years earlier.
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