Invesco Mortgage Capital Inc. (IVR) Administration modestly elevated the corporate’s debt-to-equity ratio to 7.0x as of quarter-end, up from 6.7x in September. The $6.3 billion funding portfolio now consists of $5.4 billion in Company RMBS and $0.9 billion in Company CMBS. Liquidity stays sturdy with $453.3 million in unrestricted money and unencumbered investments.
No main analyst ranking modifications had been reported as we speak, although the consensus stays cautious given the flattening yield curve. The ten-year Treasury yield remained comparatively secure, however the 2-year yield fell 14 foundation factors, contributing to a significant steepening of the curve.
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