Rates, REITs and Utes

My chart below shows the yield on the 10-year Treasury (in black) versus the S&P Utility Sector SPDR ETF (blue) and the iShares US Real Estate ETF (green): These two rate-sensitive sectors are the most punished of the new year – as bond yields rise, they offer more competition for the dividends and distributions paid out to REIT and Utility shareholders, and so those stocks get sold off. You can see YTD percent...

source http://thereformedbroker.com/2018/02/23/rates-reits-and-utes/