USD ETF (USD) is trading 2.6% up today as the information technology sector rebounds and bond-yield pressure eases.
- Easing bond-yield pressure after Tuesday’s spike is helping growth and chip names recover, directly impacting the fund's 40% tech allocation.
- Market sentiment is improving ahead of Nvidia’s earnings, which is viewed as a key read-through for AI and broader tech demand.
- The broad recovery in major tech indices is providing a significant lift to leveraged tech-focused products like USD.