BUZZ-U.S. homebuilders, real estate stocks rally as yields dive

Reuters

2024-11-26

** Interest rate-sensitive homebuilders and real estate shares rally as yields drop sharply on Mon after President-elect Donald Trump picked Scott Bessent as U.S. Treasury secretary

** Bessent choice by investors as possibly moderating negative impact of Trump's policies on U.S. fiscal health

**

(Lance Tupper is a Reuters market analyst. The views expressed are his own) ((lance.tupper@thomsonreuters.com lance.tupper@tr.com 1-646-279-6380))

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