Recently, the homebuilder stocks have been trading inversely with the 10-year U.S. Treasury Note. Basically, when bond yields rise, the home-builder stocks decline and vice versa. Today, the 10-year U.S. Treasury yield is lower by 3 basis points to 2.56% and the home-builder stocks are still struggling on the session.
Real Estate
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Homebuilders pull back despite lower bond yields
July 15, 2013, 2:03pm
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio