🟢 Tech ETF (CIBR) is trading 2.7% up in after-hours trading as Treasury doubled long-term bond buybacks

CIBR is trading at $98.14 (+2.72%) as Treasury doubled long-term bond buybacks to at least $4 billion per operation, pulling yields lower.

• The 30-year Treasury yield fell roughly 9 basis points to 5.196%, improving technology-stock valuations.
• Broader equities stabilized after the technology-led August 18 selloff, while semiconductor sentiment improved.
• SK Hynix’s $29 billion buyback and Marvell’s $12.18 billion Google warrant added support to technology and AI hardware sentiment.