🔴 Tech ETF (CIBR) is trading 1.5% down today as higher Treasury yields pressure cybersecurity stocks

CIBR is trading at $101.64, down 1.50%, as higher 10-year Treasury yields near 5.2% pressure richly valued technology and cybersecurity stocks.

• The decline appears sector- and rate-driven rather than broad-market weakness: major indexes are modestly higher, while CIBR’s concentrated holdings remain sensitive to elevated discount rates.
• CIBR’s largest positions include Palo Alto Networks, CrowdStrike, Fortinet, Cisco, and Broadcom.