Mega-Bears Smell Blood As REITs Tumble

zerohedge.com / by Tyler Durden / Mar 8, 2017 4:53 PM

While many have blamed today’s spike in yields for the broader underperformance of the REIT sector, which sent the Bloomberg North American REIT index down 1.4%, its biggest one-day drop since December in a widespread selloff across all property sectors with 194 of the 214 stocks in the index lower today, it’s more than just the jump in rates that is slamming the rate-sensitive sector.

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Read more ... source: The Bitcoin Channel

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