U.S. Real Estate Shares Gain as Treasury Yields Fall After Midterms

Longer-term Treasury yields fell after the midterm elections as U.S. real estate shares gained. Democrats won control of both chambers of Congress in the Nov. 3 vote. U.S. real estate shares advanced after the election, including the State Street Real Estate Select Sector SPDR ETF (XLRE). Lower yields can ease financing pressure on property companies. They can also reduce the appeal of bonds relative to real estate shares for investors seeking income. U.S. real estate shares outperformed the broader market in October as long-term Treasury yields fell . Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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