URA is trading at $44.98, up 3.12%, as improved risk appetite follows the U.S. Treasury’s announcement of larger long-term bond buybacks, pushing the 30-year yield lower.
- Uranium remained firm near $88.15/lb, while Middle East tensions kept energy prices elevated.
- The backdrop supports uranium and natural-resources equities.
- The rebound also appears partly technical after URA fell 3.60% on August 18.