As the yield on government debt is coming back down after having been sharply higher from the beginning of quantitative easing to now, real estate investment trusts have not performed as well, as yield sensitive investors look elsewhere.
Today that course seems to be changing around, as companies like General Growth Properties GGP, Simon Property Group SPG and Vornado Realty Trust VNO are all up just over 1% today.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in