I also compared the Index with the$U.S. 10-Year Treasury Notes Yield (US10Y.BD)$and note my observations. As we navigate through this higher for longer interest rate environment, we need to be prepared for bearish pressure on SREITS. Already we can see rising financial costs being reported.
DividendKopi
OP102914090 - Roy Toh
:
I think earlier on many folks are jumping into the hype that interest rate cuts are coming. Hence that rally we saw. But now as reality sets in, many are undoing their hype and hence the sea of red we see now. Plus the earning reports many are showing increased financial costs. This is not unexpected but as we know sentiments . .some will react and dump and some will see and follow . . Like most of the market, we prob need to see what’s up over at US and try to make sense of it. DYOR!
102914090 - Roy Toh : will there be hike of interest or relief of interest ?
DividendKopi OP 102914090 - Roy Toh : I think earlier on many folks are jumping into the hype that interest rate cuts are coming. Hence that rally we saw. But now as reality sets in, many are undoing their hype and hence the sea of red we see now. Plus the earning reports many are showing increased financial costs. This is not unexpected but as we know sentiments . .some will react and dump and some will see and follow . . Like most of the market, we prob need to see what’s up over at US and try to make sense of it. DYOR!
路人辛酉 : Big boy had dumped units for all 3 mapletree reits recently. I don't think there is any big issue.