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Posted by
Two Blokes Jun 12 -
Filed in
Stock
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4 views
Inflation data came in below expectations, supporting the case for lower Treasury yields, which is typically positive for real estate stocks and IYR. Despite recent underperformance and tepid momentum, I see IYR's current weakness as a buying opportunity given potential easing in interest rates. IYR offers portfolio diversification, a solid 2.5% yield, and trades at a reasonable valuation relative to historical averages and the S&P 500.