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Bullish Case: Recent institutional buying and high dividend could attract investors, potentially undervalued with a P/B of 0.8.


Bearish Case: Consistent long-term price decline and potential further dividend cuts indicate continued downside risk.


Potential Outcomes: 20% chance of short-term bounce from mean-reversion. 30% chance of continued decline due to fundamentals. 50% chance of sideways movement with high yield balancing risks.


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April 11, 2024


Invesco Mortgage Forecast

IVR        Invesco Mortgage
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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