Rate “Sensitive” Assets Have Rough Week, These Break Support
February 07, 2015 at 12:41 PM EST
Interest rate sensitive assets like Government bonds, Real Estate, and Utilities have benefited greatly from falling rates and the macro theme of deflation, pushing all of them much higher over the past year(s). Over the past year, each of these has gained 25% to 50% more than the S&P 500.