TSX:AX.PR.E - Post by User
Post by
garyreinson Dec 30, 2024 9:01pm
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Post# 36381732
It didnt need to be this way.
It didnt need to be this way. The big pivot party rally in summer was nice, maybe Sept 13 we deserved a pullback, for bonds and reits, but a reasonable marker was the 10yr going from 3.60 to 4.20% and XRE going from $17.87 to $16.
This additional +40bp rise in the 10yr and additional ~10% decline for XRE is just BS and everyone knows it. The market makers and traders up to their sly games....how could they make such a bold bet that inflation is going to go back up and the economy remain strong with jobs data etc to bake in such a dive