TNA is trading at $57.70, down 3.13%, as Treasury yields above 5.30% raise borrowing costs and weigh on rate-sensitive companies.

  • Renewed Iranian attacks on vessels in the Strait of Hormuz lifted Brent crude above $101 a barrel, reviving inflation concerns and prompting a broader risk-off move.
  • Investors are also awaiting the Fed’s September meeting minutes for policy clues.