Artis Real Estate Investment Pref Shs Series E T.AX.UN

Primary Symbol: T.AX.PR.E Alternate Symbol(s): ARESF | T.AX.PR.I

Real Estate REIT - Diversified

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

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Artis Real Estate Investment Pref Shs Series E > REIT SECTOR GETTING THUMBED

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Comment by Torontojayon Oct 29, 2024 5:22pm

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Post# 36287656

RE:REIT SECTOR GETTING THUMBED

garyreins wrote: Cause the 10yr is currently up 1.5cents....

https://www.marketwatch.com/story/10-year-treasury-yield-crosses-line-in-the-sand-thatbegins-tospell-trouble-for-stocks-00eb8521?mod=bonds

uesday’s bond-market selloff was pushing the benchmark 10-year Treasury yield just over 4.3%, a level which stocks have had a difficult time over the past year.

A 4.3% level on the 10-year rate is “a line in the sand for equities” and a resistance level that dates back to October 2022, according to Adam Turnquist, chief technical strategist for San Diego, Calif.-based LPL Financial. A climb above this level “seems to be pretty problematic for equity markets to absorb.”

The stock market peaked one month after the GFC cutting cycle. We could be near a market top and everything could change after the election.

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