AGNC's 13.4% Dividend: The Ultimate Recession Hedge in a Flight to Safety

AGNC's 13.4% dividend is seen as a recession hedge due to the safety of its mortgage-backed securities portfolio. As the Fed continues to cut rates, investors are seeking safe-haven assets, and AGNC's dividend provides a high yield with relatively low risk. The company's portfolio is comprised of high-quality mortgage-backed securities with a long duration, making it less sensitive to interest rate fluctuations.