#spread-compression

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#mortgage-reit #dividend-sustainability #interest-rate-risk #mark-to-market-gains #private-credit
Retirement
from24/7 Wall St.
4 days ago

Orchid Island Has A Yield Close To 20%, But Can Retirees Trust It?

Orchid Island Capital's 19.7% annualized dividend yield relies on mortgage spread income that is vulnerable to rate changes, with most recent earnings driven by mark-to-market gains rather than sustainable cash flow.
Fundraising
fromBusiness Insider
1 month ago

There's a lot of private-credit money chasing the biggest deals. This $7 billion manager is going after 'funkier stuff.'

Large asset managers are deploying huge capital into private credit, crowding core direct lending and compressing returns while smaller niche deals retain spreads.
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