Real estate investment trusts (REITs) and associated stocks fell during the current market session, with the Vanguard Real Estate ETF (VNQ) dropping by -1.64%. This downward move is primarily attributed to a rise in the 10-year U.S. Treasury yield, which reached 4.68%. Higher interest rates tend to negatively impact the real estate sector as they increase borrowing costs for property acquisitions and can make the yields from REITs less attractive compared to government bonds. The broader market sentiment was mixed, with investors looking ahead to upcoming inflation data.