🔴 Natural Resources ETF (URA) is trading 3.23% down today as Japan’s 10-year yield reaches 3%

URA is trading at $44.04, down 3.23%, as broad risk aversion weighs on natural-resources equities.

• Japan’s 10-year government yield reaching 3% has intensified global bond-market and fiscal-stability concerns, pressuring risk assets.
• Renewed U.S.-Iran tensions and resulting oil-supply fears are adding volatility.
• Elevated rates and weaker major indexes offset potential support from higher crude prices; the move appears macro-driven, not tied to a specific uranium-sector announcement.