🟢 Real Estate ETF (SPRE) is trading 3% up in pre-market as post-election Treasury yields fall

SPRE is trading at $19.77, up 3.02% in pre-market, as falling Treasury yields may support rate-sensitive real estate securities.

• The 10-year Treasury yield was down about 3 basis points early Thursday.
• Lower oil prices and easing inflation concerns add to the supportive rate backdrop. Housing stocks rallied after the election amid hopes for housing-affordability action and lower mortgage rates.
• The supplied data show a pre-market move; volume and SPRE-specific trading activity were unavailable.