U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades.A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts likened to a "short squeeze" - sent the 10-Year Treasury Yield lower for the fourth-straight week. Real estate equities led the way following a positive slate of REITweek updates and some major M&A news. Equity REITs rallied 2.5% on the week while Mortgage REITs gained 0.8%.
Incredibly, the recent surge in CPI inflation has come despite any significant positive contribution from the largest component in the consumer basket - shelter - which the BLS only surveys every six months. Residential REITs confirmed that rents are soaring in early 2021 as the red-hot home ownership market has seemingly "passed the torch" to rental markets as double-digit rent growth is now commonplace across many regions.
Source: Seeking Alpha
Related Articles:
Dividend Growth Stocks News
- 3 UK Dividend Stocks Offering Yields Up To 6.7% - Yahoo.co - 7/23/2025
- Top Dividend Stocks in India AI Recommended Stock Buys - Market-crushing profits - Autocar Professional - 7/23/2025
- Top Stocks for Real Estate Investment in India Best Performing Dividend Stocks - Free Trading Psychology Coaching - Autocar Professional - 7/23/2025
- Top Dividend Stocks in India Professional Trader Picks - Skyrocketing investment returns - Autocar Professional - 7/23/2025
- Top Dividend Stocks in India AI Stock Forecasts - Market-beating performance - Autocar Professional - 7/23/2025
- Chevron Corporation (CVX) Dividend Stock Analysis - 7/18/2025
- Emerson Electric Co. (EMR) Dividend Stock Analysis - 7/11/2025
- Amgen, Inc. (AMGN) Dividend Stock Analysis - 6/27/2025
- W.W. Grainger, Inc. (GWW) Dividend Stock Analysis - 6/20/2025
- Abbvie Inc. (ABBV) Dividend Stock Analysis - 6/13/2025
Inflation Is Worse Than It Looks
Posted by D4L | Friday, July 02, 2021 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.