- A generally weak session for risk assets yesterday with the US and European markets finishing in the red while the UK outperformed finishing marginally ahead.
- We are initiating on IRES REIT, the largest landlord in Ireland, with a Buy recommendation a Price Target of €1.40 implying 30% upside from current levels supported by a dividend yielding close to 5%.
- Core bond yields moved higher yesterday on stronger US jobs data.
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