The high-yield trade is fracturing. As higher-for-longer rates lift banks' fortunes, Reits face a triple threat: narrowing yield spreads, soaring debt costs, and depressed valuations. Is your income portfolio resilient? Howie Lim speaks to RHB experts to discuss this growing divergence, revealing the crucial metrics (beyond yield) and tactical moves you need now to navigate uncertainty and secure superior returns.

Synopsis: Every Monday, The Business Times breaks down useful financial tips.

Highlights:

01:02 Reits' triple threat: how rising rates hit

03:56 What higher for longer means for both

06:02 Banks as a proxy for economic growth

12:51 Divergence is cyclical

16:25 Defensive Reits and sub-sectors

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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

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Written and hosted by: Howie Lim (howielim@sph.com.sg)

With Vijay Natarajan, research analyst and Shekhar Jaiswal, head of equity research, RHB Bank

Edited by: Howie Lim & Claressa Monteiro

Produced by: Howie Lim & Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

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S1E269: The great yield shift: why banks are gaining altitude as Reits seek grounding

BT Money Hacks

S1E269: The great yield shift: why banks are gaining altitude as Reits seek grounding