QUTM.DE is trading at €25.32 (-3.27%) amid a global risk-off move pressuring long-duration technology valuations.
- Rising Treasury yields and oil near $90 pressure valuations; Nasdaq is down 1.35%, led by technology stocks.
- IonQ and Quantinuum are outperforming, but weakness in other quantum and technology holdings weighs on the ETF.
- It appears linked to escalating U.S.-Iran tensions, higher energy prices and a worldwide bond selloff; soft July housing starts added uncertainty, while stronger permits only partly offset weakness.