REIT Slump Bolsters This Leveraged ETF
August 20, 2013 at 07:30 AM EDT
With Monday’s jump of 1.94%, yields on 10-year U.S. government bonds have risen a startling 15.5% since July 19. That yield spike has claimed predictable victims across a variety of rate-sensitive asset classes, including real estate investment trusts. Rising rates have triggered outflows from...