AGNC Investment: Buying Below $11 Amid Rising Dividend Yield and Favorable Interest Rate Environment

AGNC Investment is a real estate investment trust (REIT) that invests in mortgage-backed securities. Its high dividend yield is due to leverage, which allows it to earn income from the interest rate spread between its borrowing costs and the yield on its mortgage assets. With lower interest rates expected, AGNC could benefit from this tailwind and potentially boost returns. However, investors should be aware of the company's vulnerability to fluctuations in interest rates and the broader economy.