Real Estate Stocks Rise: Realty Income (O) & Simon Property (SPG) Lead Last Week’s Winners
Quick Read Simon Property Group (SPG) and Realty Income (O) were two of the standout performers in the real estate sector last week. Both stocks gained around 1.8%. Realty Income rose 19% year-to-date as the 10-year Treasury yield stabilized at 4.08% from its 4.58% peak. Simon’s has returned a little more than 9% year-to-date. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. Markets have started the w ...