PWB is trading at $152.35, down -1.61%, as a global bond selloff pressures long-duration growth and technology shares.
- Japan’s 10-year yield reached 3%, its highest since 1996.
- Rising oil prices and renewed rate-hike expectations are adding inflation pressure; Nasdaq futures and AI-linked stocks weakened premarket.
- PWB’s 49.0% information-technology allocation makes it especially sensitive to higher yields and risk-off trading.