Feb 17, 2022 / 02:40PM GMT
Douglas Michael Harter - Crédit Suisse AG - Research Division - Director
Great. Good morning, everyone. I'm Doug Harter. I cover mortgage finance, including the mortgage REITs, at Crédit Suisse and happy to welcome Peter Federico from AGNC back to the conference.
Questions and Answers:
Douglas Michael Harter - Crédit Suisse AG - Research Division - DirectorJust as we start, Peter, just given the volatility we've seen in the market, just -- can you just talk about where Agency MBS spreads are today, kind of how they've been performing this year and what the sort of the key drivers of that have been?
Peter J. Federico - AGNC Investment Corp. - President, CEO & Director
Sure. Well, first, Doug, and to Crédit Suisse, thank you for having us. Appreciate the opportunity. But as we talked about on our earnings call, which we held right at the beginning of February, we had already seen some pretty significant spread widening in Agency MBS in the month of