Weekly Holla! Prisons Break (Again) [Omotayo Okusanya, George Hoglund, Jonathan Petersen]
The RMZ was up (+1.5%) last week, outperforming the S&P 500 (+0.5%), as the 10 Year Treasury yield decreased 3 bps to 1.60%. Industrial (+2.7%) Office (+2.6%), and Infrastructure (+2.2%) outperformed. Prisons (-6.8%) underperformed on more negative sector news (see below). Lodging (-2.0%) and Retail - Malls (+1.1%) also underperformed.