Interest rates are quietly creeping higher, with the 10-year Treasury back to 2.60% after...

|By:, SA News Editor

Interest rates are quietly creeping higher, with the 10-year Treasury back to 2.60% after threatening to hit 2.50% a few hours back. Accordingly, the mREIT sector (REM -1.2%) begins to relinquish some its big gains from yesterday. Leading on the downside are American Capital (AGNC -3.5%), Annaly (NLY -2.3%), Armour (ARR -2.3%), Invesco (IVR -1.9%), and Western Mortgage (WMC -2%).