CCOE.TO is trading at CA$10.97, down 3.26%, as higher Treasury yields and stronger-than-expected U.S. GDP renewed concerns that rates may stay elevated, weighing on equities.

  • Uranium sentiment was softer, with the sector’s uranium price indicator down 0.35%; this may have added pressure to Cameco-linked exposure.
  • The broader market was modestly lower, while the ETF’s decline was sharper.
  • No specific Cameco announcement explaining the move was identified.