Quick wins for a faster PC:
Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Repair Windows errors before they cause bigger problemsFix Now →Scan for outdated or missing drivers - takes under a minuteDriver Scan →Steven McClurg, Canary Capital’s founder and CEO, predicts that a secular bond bear market could last more than 30 years and that the 10-year Treasury yield could reach 8% within four years. Those are forecasts reported by Benzinga on October 11, 2026—not established facts or a settled market consensus. If rates remain higher, REITs could face pressure through more expensive refinancing, lower property valuations and stronger competition from Treasury yields. But those channels do not guarantee that every real-estate investment trust or ETF will fall.
What McClurg forecast—and what remains uncertain
Benzinga reports that McClurg considers the 34-year bond bull market to have ended in 2016. He said, “A secular bond bear market will likely last for 30+ years. We are 10 years in already, as the yield has moved from 1.37% at the lowpoint in 2016,” and forecast that the 10-year Treasury yield could reach 8% within four years.
As an Amazon Associate I earn from qualifying purchases.
These statements should be read as McClurg’s outlook, not as a verified path for interest rates. Benzinga’s account does not establish that the forecast is shared by other forecasters or independently verify the yield history underlying the quoted 1.37% figure. A bond bear market lasting decades is not a certainty, and the 8% target is a prediction rather than a current yield.
Recommended Free Tools
How higher rates could affect REITs
REITs can be sensitive to interest rates for several different reasons. The effect on a particular company depends on its financing, properties and ability to generate rental income; a higher-rate environment does not produce an identical result across the sector.
#1 Best Overall
- Read Before You Buy — No Video Output: These adapters support charging and USB 2.0 data transfer, but cannot transmit video signals. Except for standard USB webcams (which use USB data only), they are not compatible with HDMI/DisplayPort cables, video-capable USB-C hubs, or docking stations with video output.
- Convert USB-A Ports to USB-C: Designed to connect USB-C earphones, cables, flash drives, card readers, and other USB-C accessories to standard USB-A ports. Plug-and-play with no drivers or software required.
- Aluminum Alloy Housing: Built with a sturdy aluminum alloy shell that aids in heat dissipation and protects against daily wear and scratches. Designed to maintain a stable and secure connection.
- Compact & Travel-Friendly: The ultra-compact design allows the adapter to stay plugged into your device without blocking adjacent ports or adding bulk, reducing wear and tear on your original USB ports.
- 12-Month Warranty: Backed by a 12-month manufacturer warranty for peace of mind. Designed to meet strict quality control standards for reliable everyday performance.
Refinancing and interest expense
A REIT that must refinance debt when borrowing costs are higher may face larger interest payments. That can leave less cash available for operations, investment or distributions. The exposure depends in part on when debt matures and whether it carries fixed or floating rates. A company with longer-term fixed-rate borrowing may be less immediately exposed to rising rates than a heavily leveraged company with near-term refinancing needs.
Property valuations and discount rates
Higher discount rates can put pressure on the values investors assign to future property income. That is a valuation channel, not a guarantee that every property’s market value will decline: rental growth, local conditions and property-sector fundamentals also matter.
Rank #2
- 5-in-1 USB-C Hub: Experience comprehensive connectivity featuring a Power Delivery input, two USB-A 2.0 ports, a USB-A 3.0 port, and an HDMI port. (Note: The USB-C power delivery input port is only for connecting an external wall charger to power your laptop and cannot power peripheral devices.)
- 90W Pass-Through Charging: Achieve optimal charging with 90W pass-through power to your laptop, supported by a total input of 100W, with the hub reserving 10W for operational efficiency. (Note: Wall charger not included.)
- Quick Data Transfers: Accelerate your productivity with rapid data transfers using a high-speed 5Gbps USB 3.0 port and two 480Mbps USB 2.0 ports.
- 4K HDMI Display: Enhance your visual experience with a hub capable of delivering 4K resolution at 30Hz in both mirror and extend modes. Please note that this hub is compatible with MacBook (macOS 12 and newer), Windows 10 and 11, ChromeOS, and laptops equipped with DP Alt Mode and Power Delivery. Note: This device is not compatible with Linux.
- What You Get: Anker USB-C Hub (5-in-1, 4K HDMI), welcome guide, 18-month warranty, and our friendly customer service.
Competition for income
If Treasury yields rise, they may offer investors a more competitive alternative to REIT distributions. That could weigh on the appeal or market valuation of some REITs. The comparison is not simply a choice between two yields: REITs also carry property and business risks, while distributions and Treasury interest have different characteristics.
What’s actually slowing this PC down?
Pick the symptom - the matching free tool is one click away.
Mortgage affordability and housing demand
McClurg also argued that higher mortgage rates could weaken housing demand, describing real estate as “probably the asset that will be most impaired” if rates rise and demand falters. The statement is his assessment, reported by Benzinga, rather than evidence that demand shortages will occur. Mortgage affordability is a possible channel, but its effect on a given real-estate business depends on its market and property exposure.
Rank #3
- Sleek 7-in-1 USB-C Hub: Features an HDMI port, two USB-A 3.0 ports, and a USB-C data port, each providing 5Gbps transfer speeds. It also includes a USB-C PD input port for charging up to 100W and dual SD and TF card slots, all in a compact design.
- Flawless 4K@60Hz Video with HDMI: Delivers exceptional clarity and smoothness with its 4K@60Hz HDMI port, making it ideal for high-definition presentations and entertainment. (Note: Only the HDMI port supports video projection; the USB-C port is for data transfer only.)
- Double Up on Efficiency: The two USB-A 3.0 ports and a USB-C port support a fast 5Gbps data rate, significantly boosting your transfer speeds and improving productivity.
- Fast and Reliable 85W Charging: Offers high-capacity, speedy charging for laptops up to 85W, so you spend less time tethered to an outlet and more time being productive.
- What You Get: Anker USB-C Hub (7-in-1), welcome guide, 18-month warranty, and our friendly customer service.
VNQ, XLRE and REM represent different exposures
The three ETFs discussed in Benzinga’s article are examples of listed real-estate exposure, not funds McClurg specifically recommended. Their mandates differ, so the bond-bear thesis should not be treated as a single, uniform ETF trade.
| ETF | What it represents | Rate-sensitivity distinction |
|---|---|---|
| VNQ | Vanguard says the fund tracks a U.S. real-estate index that includes publicly traded equity REITs and other real-estate-related investments. Vanguard reported 140 holdings as of July 31, 2026, and a 0.13% expense ratio as of May 28, 2026. | A broad real-estate fund’s exposure includes property-owning companies and related investments; the effect of rates can vary across its holdings. |
| XLRE | State Street identifies XLRE as its Real Estate Select Sector SPDR ETF. Benzinga describes it as focused on real-estate companies in the S&P 500, a narrower universe than a broad real-estate fund. | Its narrower universe means it should not be assumed to have the same holdings or sector mix as a broad real-estate fund. State Street’s page includes performance data dated August 31, 2026. |
| REM | iShares says REM tracks U.S. REITs holding residential and commercial mortgages. | Mortgage REITs are distinct from companies that primarily own properties. Benzinga notes their sensitivity to funding costs, interest-rate spreads and mortgage-backed securities values. |
The VNQ holding count, fee and XLRE performance date above are dated figures, not permanent attributes. Holdings, expense ratios, benchmarks and performance can change; consult each issuer’s current fund materials before making a comparison. The available information does not support a current, like-for-like ranking of the three ETFs by cost, distributions, performance or overall rate risk.
Rank #4
- Dual Converters, Infinite Potential：Includes 2× USB C male to USB A female adapters and 2× USB A male to USB C female adapters. Perfect for a wide range of uses—tablets with Bluetooth keyboards, expand USB ports on macbook, and more. Two different converters for all your daily needs
- Next-Level 10Gbps & 3A Charging: No more slow 480Mbps, this usb to usb c adapter has a transfer speed of up to 10Gbps, allowing you to do more transferring in less time. This usb adapter fits both USB A and USB C charger, supporting up to 3A fast charging
- Upgraded Exquisite Craftsmanship: With an aluminum alloy housing and metal connector, the usbc to usb adapter is extremely durable and sturdy. Rigorously tested to withstand more than 10,000 times of plugging and unplugging, ensuring long-lasting performance
- Broad Compatible: The usb c to usb adapter widely supports all USB C/ USB A devices like laptops, tablets, cellphones, car chargers, and phone chargers. Such as compatible with MacBook Pro/Air 2023/2022, Thunderbolt 4/3 Devices,Apple MagSafe Watch 9/8/7/SE/Ultra, iPad Pro 2022/2021, Samsung Galaxy S23/S20/S10, and iPhone 17/16/15 Pro. Plug and play
- Please Note: To reach 10Gbps speed, keep the cable under 3.3 ft. For USB A Male to USB C adapters, try flipping the USB C connector. USB C Male to USB A adapters support bidirectional 10Gbps transfer within 3.3 ft
How to assess the risk without treating the forecast as a certainty
For an investor evaluating a REIT or real-estate ETF, the useful question is not simply whether rates will rise. It is how the underlying businesses might respond if borrowing costs stay elevated, and whether the fund’s exposure fits the investor’s goals and risk tolerance.
Outdated Drivers Are Slowing You Down
One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware matchWindows Errors? Fix Them Before They Spread
Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstall- Look at the fund’s mandate and index. Establish whether its holdings are mainly property-owning equity REITs, mortgage REITs or a broader mix of real-estate-related investments.
- Check financing exposure in the underlying companies. Leverage, debt maturities and fixed-versus-floating borrowing help explain how quickly higher rates could affect interest costs.
- Consider rental demand and property sectors. Rental growth and property-specific conditions can influence the ability to absorb higher financing costs.
- Compare current fund materials on aligned dates. Review issuer fact sheets and prospectuses, using the same measurement periods for holdings, fees, distributions and returns. The figures cited here do not provide a complete, current comparison across all three funds.
- Separate a scenario from an outcome. A possible long-term rise in rates is a risk scenario to evaluate, not proof that a specific ETF will underperform.
McClurg’s warning is therefore most useful as a prompt to examine financing and income sensitivity—not as a standalone reason to predict a uniform decline in REIT ETFs. The outcome would depend on whether his rate forecast materializes and on the very different balance sheets, property exposures and fund mandates involved.
Quick Recap
Best Value
- 5-in-1 Connectivity: Equipped with a 4K HDMI port, a 5 Gbps USB-C data port, two 5 Gbps USB-A ports, and a USB C 100W PD-IN port. Note: The USB C 100W PD-IN port supports only charging and does not support data transfer devices such as headphones or speakers.
- Powerful Pass-Through Charging: Supports up to 85W pass-through charging so you can power up your laptop while you use the hub. Note: Pass-through charging requires a charger (not included). Note: To achieve full power for iPad, we recommend using a 45W wall charger.
- Transfer Files in Seconds: Move files to and from your laptop at speeds of up to 5 Gbps via the USB-C and USB-A data ports. Note: The USB C 5Gbps Data port does not support video output.
- HD Display: Connect to the HDMI port to stream or mirror content to an external monitor in resolutions of up to 4K@30Hz. Note: The USB-C ports do not support video output.
- What You Get: Anker 332 USB-C Hub (5-in-1), welcome guide, our worry-free 18-month warranty, and friendly customer service.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
