🔴 Battery Value-Chain ETF (BATE.DU) is trading 3.85% down as surging bond yields pressure growth assets

BATE.DU is trading at €27.45, with a -3.85% change, as U.S.-Iran tensions and higher yields weigh on battery-sector assets.

• Oil prices rose, renewing inflation concerns.
• 30-year Treasury yields reached approximately 5.32%, pressuring rate-sensitive growth assets.
• Diversified battery, electrification, materials, and energy-transition holdings point to a global risk-off response rather than a single-company shock; technology and semiconductor weakness intensified the decline.