DBS, OCBC and UOB have soared this year while the real estate investment trusts have struggled. Will rising bond yields reinforce this divergence? Or, are the banks getting too expensive? Why are bond yields rising in the first place? BT senior correspondent Ben Paul explains what’s happening.

Highlights of the podcast:

00:55 Big trends driving long term bond yields

04:51 Struggling Reits may continue struggling

09:55 Why the banks have soared year-to-date

16:05 Bank valuations stretched, risks are rising

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

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Written and hosted by: Ben Paul (benpaul@sph.com.sg)

Edited by: Nicole Teo & Claressa Monteiro

Produced by: Ben Paul, Nicole Teo & Chai Pei Chieh

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

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