🔴 Uranium & Nuclear ETF (NUKL.DE) is trading 3.5% down as higher yields pressure broader markets

NUKL.DE is trading at €43.99, down 3.54%, as macro pressure and broader-market weakness weigh on equities.

• The 10-year Treasury yield reached 5.35%, its highest level since 2002, pressuring equities.
• Oil above $100 and renewed Strait of Hormuz tensions heightened inflation and risk concerns.
• Nuclear-related shares were mixed; Constellation Energy surged on a major power deal, which does not explain the ETF’s decline. No volume data is available to assess trading activity.