🔴 Cybersecurity ETF (HACK.AX) is trading 3.15% down today as rising Treasury yields pressure high-growth valuations

HACK.AX is trading at A$16.61, down 3.15%, following broad weakness in global technology and cybersecurity shares.

• Renewed increases in long-term Treasury yields—around 4.73% for 10-year notes and 5.27% for 30-year bonds—pressured high-growth valuations.
• Cybersecurity ETFs also pulled back after becoming technically overbought.
• Higher oil prices and geopolitical uncertainty further weakened risk appetite, adding pressure to long-duration technology exposures.