🔴 Hertz is trading 5.1% down today as Treasury yields rebound

Hertz is trading 5.1% down now at $2.05 as the August 19 bond-market relief rally reverses.

• Rising Treasury yields are pressuring equities broadly; the 10-year yield is up more than 5 basis points, while the 30-year yield reached 5.254% on August 20.
• Broader consumer-discretionary weakness is adding pressure.
• No fresh company-specific announcement explains the decline.