Tuesday, May 4, 2010

Sell Signal: REITs Yield Less than 10-year Treasury

This is a reliable sell signal for REITs:

In the wake of the price surge in real estate recently, the yield on equity REITs fell to 3.49% as of April 29, according to data from the National Association of Real Estate Investment Trusts. That’s slightly below the 10-year Treasury’s 3.76%.

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