🟢 Tech ETF (CHAT) is trading 1.5% up in after-hours trading after larger Treasury bond buybacks lower yields

CHAT is trading 1.5% up in after-hours trading as the U.S. Treasury’s announcement of larger long-term bond buybacks pushed the 30-year yield lower.

• Technology was relatively weak during the August 19 session because elevated yields and semiconductor selling pressured growth valuations; lower yields helped stabilize the sector.
• The Fed’s July minutes highlighted meaningful internal debate over potential rate hikes, while improving risk appetite supported the move.