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Direxion Semiconductor ETF Drops Nearly 20% Amid Yield Surge

Key takeaways

  • The Direxion Daily Semiconductor Bull 3X ETF fell nearly 20% as global bond yields reached multi-decade highs, impacting market sentiment.
#ETFs#Semiconductors#Bond Yields

Analysis

The Direxion Daily Semiconductor Bull 3X ETF fell nearly 20% as global bond yields reached multi-decade highs, impacting market sentiment.

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