🔴 First Solar is trading 10.06% down today as 10-year Treasury yield reaches 5.14%

First Solar is trading 10.06% down at $172.66 as surging Treasury yields intensify selling across rate-sensitive renewable-energy shares.

• Market coverage links the sector decline to the 10-year Treasury yield reaching 5.14%, making solar project financing more expensive.
• Analysts cite renewed caution, including Baird’s September 22 price-target reduction; no major company-specific announcement was identified.
• The broader market is under pressure as investors reassess inflation and the Federal Reserve’s interest-rate path.