As Fed Rate Hike Speculation Mounts, High-Yield mREIT ETFs Weaken
August 07, 2015 at 15:40 PM EDT
With sturdy July job numbers supporting speculation of a Federal Reserve interest rate hike later this year, high-yield mortgage-backed real estate investment trust-related exchange traded funds are retreating. On Friday, the Market Vectors Mortgage REIT Income ETF (NYSEArca: MORT) dipped 0.8% and...