🔴 ORBX.TO is trading 1.5% down today as rising yields and macro uncertainty trigger a risk-off move in space tech

ORBX.TO is trading 1.5% down today as investors rotate out of high-beta growth sectors amid rising bond yields and global macro uncertainty.

• Weak Chinese economic data and heightened Middle East tensions have driven a broader risk-off move, weighing particularly on cyclical and speculative themes like space technology.
• Although there is no fund-specific news, the ETF is largely following the downturn in global tech and growth equities tied to these macro headwinds.