2334 GMT - With Australian 10-year bond yields at their highest level since July 2011 and U.S. 10-year Treasury yields also surging, the outlook for Australian Reits looks very challenged to Jefferies. So, analyst Andrew Dodds lists four criteria for stocks to find favor. Charter Hall, Goodman and Mirvac offer growth at a reasonable price, so tick one box. Goodman and Mirvac also have highly conservative balance sheets. Jefferies cites a preference for Reits with high levels of hedging across FY 2027 and 2028, which Scentre and Goodman have. Scentre, along with Charter Hall Retail REIT, also has a high exposure to CPI-linked income, Jefferies says.