Rising bond yields are rattling markets, luring investors with attractive rates while exerting pressure on pockets of equities such as the real estate and utilities sectors.
“Elevated Treasury yields have dragged on relative performance for REITs and utilities,” said Katie Stockton, founder of technical research firm Fairlead Strategies, in a note Wednesday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheBlock__ - 🏆 464. / 53 Read more »