Vanguard Real Estate ETF stalls as rising 10-year Treasury yields pressure REIT returns.
The Vanguard Real Estate ETF (VNQ) has delivered a 12% return year-to-date but has stalled recently as the 10-year Treasury yield rises to nearly 4.6%, limiting REIT valuation multiples. VNQ offers broad U.S. REIT exposure with a 3.6% yield, but this...
