🔴 Industrials ETF (WARP) is trading 3.14% down today as 30-year Treasury yield rises

WARP is trading at $20.96, down -3.14%, as Treasury yields reversed Wednesday’s relief.

• The 30-year yield rose to 5.2235%, pressuring rate-sensitive growth and industrial stocks.
• Broader risk sentiment weakened as U.S. equities opened lower, while investors questioned the Treasury buyback program’s effectiveness.
• WARP’s space-focused holdings, including SpaceX and Rocket Lab, add sensitivity to financing costs and speculative-growth selling.