🔴 Space Innovators ETF (JEDI.L) is trading 3.3% down as rising yields pressure growth stocks

JEDI.L is trading at $75.50, with a -3.33% change, as rising Treasury yields pressure rate-sensitive growth stocks.

• Treasury yields climbed, with the 10-year reaching 5.36%; oil also rose amid Middle East escalation.
• Fed minutes reinforced inflation and rate-hike concerns.
• JEDI’s diversified space-industry holdings make higher borrowing costs and weaker risk appetite a sector-wide headwind, rather than pointing to a single-company catalyst.