Asia Unhedged | Why are homebuilders outperforming if markets fear a rate hike?
Source: Bloomberg
Source: Bloomberg
Asia UnhedgedReal-time intel on what moves markets

Why are homebuilders outperforming if markets fear a rate hike?

Homebuilder ETF showing yet again that the market is not focused on the Fed.

March 8, 2017 5:14 AM (UTC+8)

Data continues to show that markets are unphased by looming rate hikes. Case in point: homebuilders, represented on the graph by SPDR S&P Homebuilders (XHB), which would traditionally be more sensitive to interest rates, are outperforming the market.

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