🔴 Infrastructure ETF (IFRA) is trading 5.6% down in pre-market as Treasury yields pressure utilities

IFRA is trading at $55.43, down -5.64%, as higher Treasury yields pressure rate-sensitive utilities and infrastructure companies.

• The 10-year yield reached its highest level since January 2025.
• Renewed U.S.-Iran tensions pushed oil higher, intensifying inflation concerns and reducing expectations for easier Federal Reserve policy.
• Utilities declined about 1%, while U.S. futures also moved lower before the September 1, 2026 session.