🔴 Copper Miners ETF (COPX) is trading 3% down as copper fell and Treasury yields climbed

COPX is trading at $83.68, down 3.01%, as copper weakness and rising Treasury yields pressured the sector.

• Three-month LME copper fell 0.25% to $14,379/t overnight, with a firmer U.S. dollar weighing on the metal.
• Rising oil prices and inflation concerns added to rate-hike worries.
• Risk aversion ahead of the Fed minutes, sharply higher Treasury yields and renewed geopolitical oil-supply concerns likely amplified the sector decline.