wallstreets pump&dump

this was written in april of this year in usatoday (wallstreet left the reits for the most part in march&april)--whats important to note,, is the point still holds true,, and they risk/reward ratio is now at the highest alert level.

USATODAY.com
Real estate investment trusts boom
Friday April 7, 12:46 am ET

But the popularity of REITs might also be their undoing. Some investors are adding REITs to their portfolios simply because REITs have done so well, says Wachovia strategist Rod Smyth. The rise in REIT prices has driven their average annual dividend yield down to 3.4%, below the 10-year Treasury's 4.91% yield.--WE ARE WELL BEYOND THIS NOW

This suggests investors aren't being fully compensated for their risk. Real estate pros worry about that, Smyth says. "They've seen this before when people think things can't go wrong."


BLOOMBERG:
"...
Interest-rate futures contracts today priced in higher odds that the Fed will increase the fed funds target at least once more this year to 5.5 percent. The December futures contract's yield rose to 5.395 percent, putting the odds of a 5.5 percent rate by year-end at about 90 percent.