ATLANTA -- CNBC's Street Signs recently welcomed Leo Wells, president of Wells Real Estate Funds, to the program to share his "street smarts" on the real estate market after dramatic moves by the Federal Reserve and Treasury Departments to prop up the economy. But according to Wells, the Federal Reserve's tenth consecutive interest rate cut and the Treasury Department's decision to eliminate the 30-year treasury bond has driven bond yields down even further, leaving fixed-income investors strapped for cash.
However, real estate, in the form of REITs and REIT mutual funds, is poised to take up the slack, offering investors consistent and relatively higher dividend yields. ...