As the 10-year Treasury Yeild hit 4.99% last Friday, near its highest value since June 2002, REIT shares began to slide. The MSCI U.S. REIT Index (RMZ) dropped 1.53% to 916.90 and, then on Monday with bond yields holding steady at 4.96%, the index fell 1.08% more to as low as 907.04. Some REIT investors may move to individual income investment grade properties now with CAP rates moving up only slightly in most segments of investment property market.