Chinese version complete — beautiful, realistic:
*U.S. real estate stocks hit an all-time low relative to the S&P 500*
*IYR/SPY ratio fell to 0.122 · wiping out all gains since 2007*
The 10-year U.S. Treasury yield climbed above 5% to 5.12%. Persistently high interest rates and 30-year mortgage rates above 7.5% are weighing on REITs.
#iyr $IYR.ETF #spyb $SPYB