🔴 Trading--Leveraged Equity ETF (TQQQ) is trading 4.5% down as conflict lifts oil and inflation fears

TQQQ is trading 4.5% down as renewed Middle East conflict lifts oil, intensifying inflation concerns.

• Higher Treasury yields pressure growth-oriented technology valuations; a global bond selloff and Japan’s 10-year yield reaching 3% reinforce risk-off sentiment.
• Reuters said the U.S. 10-year yield reached 4.8%, highest since early 2025. Weaker July job openings and softer manufacturing PMI modestly support rate-cut expectations, but inflation, borrowing costs, and geopolitical risk remain central; Nasdaq fell approximately 1.16%, consistent with TQQQ’s three-times leverage.