For a while, President Donald Trump has insisted on lower interest rates from the Federal Reserve. But then he had an about-face last week, saying that the central bank’s holding interest rates where they were “at this point was the right thing to do." Instead, his goal now was to lower yields on the 10-year Treasury.

That leaves two questions for investors, including those in commercial real estate. One is whether the goal is within the control of the administration. The other is understanding how long this strategy will continue.

“It’s quite unconventional for the Treasury Department and the White House to take an active role in influencing the 10-year yield. Historically, they’ve worked together with the Fed to do that,” Ryan Detrick, chief market strategist at Carson Group, told CNN. “The administration can only influence yields indirectly with fiscal policy and deregulation.”

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