Shares of homebuilders were taking a broad beating Friday, after the stronger-than-expected jobs data sent Treasury yields to fresh 16-year highs, making new homes less affordable. The iShares U.S. Home Construction ETF ITB, -0.74% sank 1.2% toward a four-month low, with 43 of 46 components losing ground. Among the more-active homebuilder components, shares of D.R. Horton Inc. DHI, -0.24% declined 0.8%, of Lennar Corp. LEN, -0.49% lost 0.9%, of PulteGroup Inc. PHM, -1.34% fell 1.
17% is also a component, and the stock fell 1.3%. Mortgage rates are based on the yield of the 10-year Treasury note TMUBMUSD10Y, 4.828%, and that yield jumped 0.120 percentage points to 4.837%, toward the highest closing yield since Aug. 8, 2007. And the yield on the 30-year Treasury bond TMUBMUSD30Y, 4.983% leapt 0.121 percentage points to 5.007% toward the first close above the 5% threshold since Aug. 15, 2007. The homebuilder ETF has tumbled 15.9% since closing at a record $89.31 on Aug.
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »