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SRVR - Upside-Down Week As REITs Stumble And Yields Surge
Pacer Benchmark Data & Infrastructure Real Estate SCTR
Real Estate Weekly Outlook
In what some observers described as an “upside-down” week in the financial markets, US equities climbed for the third straight week as trade tensions between the US and China appeared to cool ahead of the all-important in-person trade discussions in early October. Another week of solid economic data and a show of strength from the Republican party in a closely-watched set of special elections (especially of interest to the Chinese trade delegation) lifted investor optimism and sent the 10-year yield surging to the biggest weekly gain in six years.