$Suntec Reit(T82U.SG)
Context: After reaching 1.58, Suntec Reit has retreated to 1.51-1.52 which is a healthy pullback in my humble opinion. Treasury yields have been falling due to bond buy backs by the US Treasury. If interests rates are eased instead of being hiked, this will be a positive catalyst for reits.
My Trade: Continue to hold and let the dividends reduce my position cost.
Takeaway: Doing nothing is a strategy too.
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