SNDQ is trading at $15.62 (+3.59%) as renewed U.S.-Iran military escalation pushed Brent crude toward $91, raising supply-disruption and inflation concerns.
- Japanβs 10-year yield reached 3%, while U.S. equity futures fell alongside rising borrowing costs.
- The weaker equity backdrop supports SNDQβs inverse exposure, though the move follows its 11.45% decline on August 31.