** Shares of interest rate-sensitive homebuilders jump on Fri as yields retreat sharply
** Benchmark U.S. Treasury 10-year yield US10YT=RR tumbled below 4% to six month lows as China tariffs retaliation stoking recession jitters US/
** Declining rates can potentially lead to lower mortgage rates, which could benefit homebuilders
** PHLX Housing Index .HGX one of the few bright spots on Fri, up 0.3%
** HGX biggest winners include: DR Horton DHI.N 6%, Lennar LEN.N 4%, Pultegroup PHM.N 4%, LGI Homes LGIH.O 4%
** In S&P 500 .SPX, building products maker Builders FirstSource BLDR.N up 1%
** And home improvement retailers rise: Home Depot HD.N up 0.5% and Lowe's LOW.N up >1%
** HGX down 10% YTD. SPX plunging nearly 5% on Fri, extending 2025 loss to >12%
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.