🔴 Uranium ETF (CCOE.TO) is trading 3.1% down today as oil tops $101 and yields exceed 5.30%

CCOE.TO is trading at CA$11.83, down -3.11%, as broader risk aversion weighs on equities.

• Oil rose above $101, while 10-year Treasury yields moved above 5.30%; investors are awaiting the Federal Reserve’s September meeting minutes.
• Escalating attacks on vessels in the Strait of Hormuz heightened supply-disruption concerns. Market reports indicated Cameco shares were lower intraday, adding pressure to the leveraged Cameco-focused ETF.