The Major REITS: Is A Bottom Now In Store Or Is This Another Relief Rally?
With interest rates easing off of their recent highs, including the 10-year U.S. Treasury Note yield (now back under 4%) and the 30-year fixed-rate national average mortgage rate (now back below 7%), real estate investment trusts (REITs) may be perking up.
Is a bottom finally in store or is it just one more relief rally?