Will Lower Mortgage Rates Prop Up Real Estate ETFs?
March 12, 2020 at 08:00 AM EDT
The 10-year Treasury yield hit below 1% after the Federal Reserve instituted a 50-basis point cut on Tuesday, sending the markets in a daze as coronavirus fears continue to roil the major U.S. stock market indexes. Following the announcement, the markets surged and subsequently fell as more uncertainty crept into the minds of investors.