🔴 Jack in the Box is trading 5% down today after rising Treasury yields pressured equities

Jack in the Box is trading 5% down at $16.29 as broader consumer-discretionary weakness, rising Treasury yields, and Walmart’s disappointing profit outlook pressured equities and consumer-spending sentiment.

• Reuters reported the 30-year Treasury yield rose to 5.217%.
• Taylor Montgomery’s succession announcement was positive but did not prevent the broader risk-off move.
• The decline is best attributed to sector and macro pressure rather than a company-specific catalyst.