XLF - Financial ETFs decline alongside the falling 10-year Treasury yield

macgyverhh/iStock via Getty Images Early into Wednesday's trading session and market participants can see that the financial sector is off to the worst start of the eleven market segments. With the U.S. 10-Year Treasury yield slipping 4.5 basis points and falling below the 1.5 level, it has pulled down some financial-related exchange traded funds. The exchange traded funds that are off to the worst start mostly fall into the financial sector. Below are five different ETFs that are each trading to the downside due to sliding Treasury yields. ETFs and their daily price action: (FTXO) -0.83%, (KRE) -1.14%, (KBWB) -0.87%, (IAT) -1.30%, and (XLF) -0.50%. Market participants continue to focus on the notion of transitory inflation and rising rates, as both affect the price of securities. All eyes are set to tomorrow's economic report of May's consumer price index announcement, which is set to be posted at 8:30 AM EST. Forecasters are expecting CPI data

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Financial ETFs decline alongside the falling 10-year Treasury yield