DJ Utilities, Real-Estate Stocks Fall as Bond Yields Rise -- Barrons.com
DJ Utilities, Real-Estate Stocks Fall as Bond Yields Rise -- Barrons.com
DJ Utilities, Real-Estate Stocks Fall as Bond Yields Rise -- Barrons.com
By Andrew Bary
3:50 p.m. Interest-rate sensitive sectors of the stock market got hit Wednesday after a sharp selloff in the Treasury market sent the yield on the 10-year note to its highest level since 2011.
The yield on the 10-year Treasury rose to 3.15% from 3.06% and the yield on the 30-year bond increased to 3.30% from 3.22% after a price decline of about 1 1/2 points.
The Utilities Select Sector SPDR (ticker: XLU) exchange-traded fund was off 77 cents to $52.44, a 1.4% drop, and the Vanguard Real Estate ETF (VNQ) was down 0.85 to $78.90, a 1.1% decline.
Financial stocks, which are perceived as winners from higher rates, were leading the stock market. The Financial Select Sector ETF (XLF) gained 22 cents to $27.91.
Preferred stock, whose fixed dividends give the shares bond-like characteristics, also was getting hit. The iShares U.S. Preferred Stock ETF (PFF) fell 18 cents to $36.40, after hitting a new 52-week low earlier in the session. The Preferred ETF yields 5.6%.
Write to Andrew Bary at andrew.bary@barrons.com
(END) Dow Jones Newswires
October 03, 2018 16:08 ET (20:08 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
DJ Utilities, Real-Estate Stocks Fall as Bond Yields Rise -- Barrons.com
DJ公用事業，房地產類股下跌，債券收益率上升--Barrons.com
By Andrew Bary
安德魯·巴里(Andrew Bary)著
3:50 p.m. Interest-rate sensitive sectors of the stock market got hit Wednesday after a sharp selloff in the Treasury market sent the yield on the 10-year note to its highest level since 2011.
下午3：50週三，在美國國債市場大幅拋售導致10年期公債收益率升至2011年以來的最高水平後，股市對利率敏感的板塊受到打擊。
The yield on the 10-year Treasury rose to 3.15% from 3.06% and the yield on the 30-year bond increased to 3.30% from 3.22% after a price decline of about 1 1/2 points.
10年期國債收益率從3.06%升至3.15%，30年期國債收益率從3.22%升至3.30%，價格下跌約1.5個百分點。
The Utilities Select Sector SPDR (ticker: XLU) exchange-traded fund was off 77 cents to $52.44, a 1.4% drop, and the Vanguard Real Estate ETF (VNQ) was down 0.85 to $78.90, a 1.1% decline.
Utilities Select Sector SPDR(股票代碼：XLU)交易所交易基金(ETF)下跌77美分，至52.44美元，跌幅為1.4%；先鋒房地產ETF(VNQ)下跌0.85美元，至78.90美元，跌幅為1.1%。
Financial stocks, which are perceived as winners from higher rates, were leading the stock market. The Financial Select Sector ETF (XLF) gained 22 cents to $27.91.
被認為是較高利率贏家的金融股領漲股市。金融精選行業ETF(XLF)上漲22美分，至27.91美元。
Preferred stock, whose fixed dividends give the shares bond-like characteristics, also was getting hit. The iShares U.S. Preferred Stock ETF (PFF) fell 18 cents to $36.40, after hitting a new 52-week low earlier in the session. The Preferred ETF yields 5.6%.
優先股，其固定股息賦予股票債券般的特徵，也受到了打擊。IShares美國優先股ETF(PFF)下跌0.18美元，報36.40美元，盤中稍早觸及52周新低.優先ETF的收益率為5.6%。
Write to Andrew Bary at andrew.bary@barrons.com
寫信給安德魯·巴里，電子郵件：andrew.bary@Barrons.com
(END) Dow Jones Newswires
(完)道瓊通訊社
October 03, 2018 16:08 ET (20:08 GMT)
2018年10月03日東部時間16：08(格林尼治標準時間20：08)
Copyright (c) 2018 Dow Jones & Company, Inc.
版權所有(C)2018年道瓊斯公司
譯文內容由第三人軟體翻譯。
風險及免責聲明
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用瀏覽器的分享功能，分享給你的好友吧