SOXS.MX is trading at MXN 590.71, up 5.29%, as sharply higher Treasury yields pressure semiconductor-heavy Nasdaq and broader growth stocks.

  • The U.S. 10-year yield reached roughly 5.13%, and markets increased bets on another Federal Reserve rate hike after strong economic activity data.
  • Higher discount rates weigh particularly on expensive technology and semiconductor shares, supporting this inverse ETF.
  • The move reverses the semiconductor rally reported on September 23; broader rates-driven technology weakness is the clearest explanation, rather than an isolated SOXS.MX-specific event.