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HOML - REITs Rally On Wild Week As Interest Rates Dive
UBS AG London Branch ZC SP ETN REDEEM 13/03/2045 USD 25
Real Estate Weekly Review
August vacations have been less-than-relaxing for investors over the past several years. Reminiscent of the financial market turbulence in August 2011 following the US credit rating downgrade and the August 2015's thousand-point China-induced sell-off, US equity markets gyrated throughout the week with the S&P 500 (SPY) ultimately finishing lower by a relatively modest 0.4% while the Nasdaq (QQQ) finished lower by 0.5%. In a global flight-to-safety, the 10-year yield dipped to the lowest rate in more than three years while the 30-year flirted with new all-time record