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Here's why the Realty Income stock is in a freefall as US Treasury yields jump

Source: invezz.com

Housing & Real EstateMarket Technicals & Flows
Here's why the Realty Income stock is in a freefall as US Treasury yields jump

Realty Income (O) fell to $53.30, its lowest level since December, after peaking at $66.20 in July—a decline of about 19%. Its valuation fell from more than $63 billion to $50 billion; the article gives no reason for the drop.

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