Annaly Capital Management, Inc. (NYSE:NLY)'s spreads going forward are expected to increase, as the decreased funding costs and Crexus Investment Corp (NYSE:CXS)' acquisition will increase Annaly Capital's average spread and be immediately accretive to the spread. In comparison, American Capital Agency Corp. (NASDAQ: AGNC ) reported an 11 bps decline in its net interest rate spread, while its cousin American Capital Mortgage Investment Crp (NASDAQ: MTGE ) reported 6 bps sequential decline in its net interest rate spread. Funding maturities Annaly Capital Management, Inc. (NYSE:NLY) continued to extend the weighted average maturity of its interest bearing liabilities. The weighted average maturity has now increased to 202 days from the linked quarter's 197 days.