AGNC Investment Corp at Barclays Global Financial Services Conference Transcript
Thank you for joining us. Very pleased to be joined up on the stage by Gary Kain, the CEO of AGNC. I think Gary put out -- and team put out some new slides, got some new information he has got to show this afternoon. So look forward to your comments, Gary.
Thank you. Okay. Well, great. I think now we are well positioned to start. We got the mic correct. Hopefully, it won't fall again.
Thank you, Mark, and I would like to thank Barclays for hosting this conference. I also want to thank all of you for your interest in AGNC.
With that, let me get started because we have a fair amount to cover. So we'll start on Slide 3.
Obviously, volatility in financial markets picked up substantially in August and it led to another major decline in interest rates, which was led by the long end of the treasury and swap curves. To give you some perspective on the magnitude of the move, 10-year
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