AG Mortgage Investment Trust(MITT) - 2024 Q1 - Earnings Call Transcript

Yes. So a lot of that paper has seasoned out and as the credit curve flattened, we're talking some of the paper we were selling was high 100s, low 200s type spread. I think we can double those sort of spreads more via recycling. And then obviously, with the modest deployment of back-ended leverage get you to the mid to high teens returns. Yes. I don't think it's been materially affected. In fact, if you look at a lot of the inflows across bond funds, those supply-demand technicals are well supported for con ...