I suspect that one of the things that influences the outlook is reinvestment risk as the speeds pick up. 96% of the portfolio is in specified pools and we built that portfolio we'll over a number of years and we use the opportunity in March to reduce the pool holdings that we didn't find as attractive and what we're left with is a portfolio that is very high quality. is the Pres, CEO & Director at Annaly Capital Management Inc. As the Pres and CEO & Director of Annaly Capital Management Inc, the total compensation of Mr A at Annaly Capital Management Inc is $8,203,772. So we like to see it flatten a little bit further and we think it should given the posture the fed and when you look at the last set of economic projections, so lift off not likely to occur for the next couple of years, you could see some further flattening in the term curve but we're watching it and we're making incremental steps to term out our repo. Athletes' ambitions don't end when they leave the field of play. Exactly, exactly and we'll see where we end the year but we feel good about where we think it is. In the second quarter and beyond as we mentioned, we bought back $175 million worth of stock. From 2015 until 2018, Dr. Hannan served as a Senior Advisor for KPMGs Board Leadership Center and National Leader Total Impact Strategy and, from 2009 until 2015, as KPMGs National Managing Partner of Diversity and Corporate Responsibility. However, non-agency lending has been somewhat slow to redevelop as credit standards have tightened relative to pre-pandemic underwriting and mortgage originators tend to focused more on agency originations in light of fewer frictions in a wide primary secondary spread. If you have an ad-blocker enabled you may be blocked from proceeding. David L. Finkelstein C.F.A. Net Worth (2023) | wallmine In the commercial sector, we're slowly beginning to see activity pick up but volumes do remain somewhat muted. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. NEW YORK -- (BUSINESS WIRE)-- Annaly Capital Management, Inc. (NYSE: NLY) (the "Company" or "Annaly") announced today the publication of its third corporate responsibility report for the year 2021, titled Taking Stock of Our Impact. Annaly intends to use our webpage as a means of disclosing material non-public information for complying with the company's disclosure obligations under Regulation FD and to post and update investor presentations and some more materials on a regular basis. In terms of how it's actually reflected in the yield it's not. Please go ahead. We would expect more equity allocated to it, certainly, with the option to apply a modest amount of leverage. We don't complete clarity on the economy and some of that runoff could go into the agency sector. These and our other ESG milestones have helped create durable value for all of our stakeholders., Corporate Responsibility Report Highlights. Annaly is a leading diversified capital manager that invests in and finances residential and commercial assets.