🟢 Real Estate ETF (SPRE) is trading 5.06% up in pre-market as slightly lower yields may support REIT valuations

SPRE is trading at $19.94, up 5.06%, as slightly lower Treasury yields may support rate-sensitive real estate securities.

• Yields were little changed as investors awaited the October jobs report.
• The November 5 technology-led selloff drove a broader flight to safe-haven bonds. That backdrop may benefit REIT valuations, but available reporting does not establish a catalyst for SPRE’s full pre-market gain.