🔴 Memory ETF (RAM) is trading 2.3% down as surging Treasury yields pressure memory shares

RAM is trading at $13.42, down 2.33%, as surging Treasury yields pressure memory shares.

• RAM provides 2x daily exposure to the memory-stock basket, amplifying sector moves.
• Despite Micron’s strong results and AI-memory outlook, memory shares faced pressure as the 10-year yield hit 5.306%, its highest since 2002.
• Broader market weakness added pressure; Micron’s muted reaction suggests good news was not enough to offset rates and positioning.