An index of Singapore REITs fell in the past week, as the results of the US Presidential Election led to a further increase in government bond yields. What happened? An index of Singapore REITs declined in the past week, despite a further interest rate cut by the US Federal Reserve. Government bond yields climbed further as the election of Donald Trump as the next US President led to expectations of greater inflationary pressures. The CSOP iEdge S-REIT Leaders Index ETF closed lower for the week at S$0.744, declining 3.4% from its close in the previous week of $0.770. The US 10-year government bond yield rose to above 4.4%, after early vote counting in the US President Election pointed to a lead by Donald Trump. The yield eventually moved lower to end at 4.31% on Friday, after the US Fed cut interest rates by 0.25%, and Fed Chairman Jerome Powell indicated that the election of Donald Trump has no near-term impact on Fed policy.  ...