Stock/Options Volume Spike: Annaly Capital (NLY, FNM, FRE)
The weakness over at Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) is spilling over into the mortgage REITs and mortgage traders today. The reason is that credit default swaps (and underlying spreads over Treasuries) have really widended out in the two government sponsored entities today. Annaly Capital Management (NYSE: NLY) has been thought [...]
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