Quick Note on MFA-B and NYMTZ

These shares have significantly outperformed over the last month weeks.

At the time of writing:

• MFA-B $21.85

• NYMTZ: $19.39

Note: Beware liquidity and bid-ask spreads. Never use a market order on preferred shares.

These are both fixed-rate shares.

While we’ve had a nice drop in Treasury yields over the last week, the magnitude of the gap in performance is no…