How low can Reits go?
How bond market pricing techniques can be applied to Reit valuation
Fair is foul and foul is fair: Hover through the fog and filthy air. - Macbeth, William Shakespeare
IT has been a strange year where investors piled into certain stocks for their bond-like yields, while trading bonds for stock-like gains.
But with US long-term yields rising sharply when Donald Trump was elected US President, it is worth asking whether a paradigm shift has occurred.
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