FTXL is trading at $216.66 (-2.37%) with Japan’s 10-year yield reaching 3%, intensifying the global bond selloff and raising discount-rate pressure on long-duration technology shares.

  • Renewed U.S.-Iran tensions lifted oil prices and revived inflation concerns, supporting expectations for a more hawkish Federal Reserve.
  • Nasdaq futures were weaker than broader-market futures, confirming technology is bearing disproportionate rate sensitivity.
  • JOLTS and ISM manufacturing data due at 10:00 AM ET could extend volatility if resilient readings lift yields.