🔴 Large Blend ETF (MTUM) is trading 1.6% down in after-hours trading as rising yields pressure technology stocks

MTUM is trading 1.6% down in after-hours trading as rising Treasury yields and oil-driven inflation fears pressure technology stocks.

• The broad, technology-led selloff occurred on August 18, 2026, as rising oil prices and fading U.S.-Iran peace prospects revived inflation concerns.
• The 30-year Treasury yield reached its highest level since 2007; semiconductor and AI shares were especially weak, while the Philadelphia Semiconductor Index and major chipmakers fell sharply.
• The broader Nasdaq selloff reinforced a sector-wide risk-off explanation.