REMX is trading at $62.13, down 3.31%, as a sharp rise in Treasury yields weighs on equities. - The 10-year yield reached 5.306%, its highest since 2007, amid inflation concerns and expectations that rates will stay higher for longer. - REMX’s rare-earth and strategic-metals producers are exposed to materials-sector risk sentiment; the move appears consistent with broader pressure, rather than a clearly reported REMX-specific catalyst. - The ETF tracks companies involved in producing, refining, and recycling these materials.