BEZ is trading 17.1% up as sharply higher Treasury yields and increased expectations for a September Federal Reserve rate hike pressure Bloom Energy and other growth-oriented equities.
- Higher discount rates disproportionately weigh on growth stocks, supporting this leveraged inverse ETF.
- Middle East supply disruptions have pushed oil above $107 per barrel, increasing inflation concerns and reinforcing rate-sensitive selling.
- The Saudi pipeline shutdown threatens up to 4% of global oil supply.