🔴 Forward Air is trading 5.5% down today as Treasury yields hit a 19-year high

Forward Air is trading at $14.22, down 5.54%, as the 10-year Treasury yield reached a 19-year high.

• Forward Air is declining alongside weaker markets: the S&P 500 is down 0.33% and the Nasdaq is down 0.67%.
• The 10-year Treasury yield reached 5.14%, while Brent crude remained above $100.
• No clear new company-specific announcement was identified on September 24; the previously reported Q2 impairment is not a fresh catalyst.