🔴 Financials ETF (BEZ) is trading 4.4% down in pre-market as Treasury yields retreat from multi-year highs

BEZ is trading at $5.64 (-4.41%) before the September 25, 2026 open, reversing part of its September 24 gain, a move consistent with stronger financial-sector sentiment and modestly lower Treasury yields.

• Treasury yields retreated from Thursday’s multi-year highs: the 10-year slipped to 5.19% and the two-year to 4.90%.
• S&P 500, Nasdaq and Dow futures are higher while oil prices ease.
• Durable-goods orders and University of Michigan sentiment remain potential rate-sensitive catalysts later in the session.