TMF breaks $29. Fortunately, the US long-term Treasury volatility is subsiding

Semiconductors rose when interest rates spiked
Semiconductors fell as interest rates stabilized
If interest rates are a leading indicator
Then semiconductors will rise again too
Some cite funding issues for Big Tech corporate bonds as a concern
But falling interest rates are a positive sign.
It was difficult due to the Treasury volatility originating from France
But ultimately, rates hit their peak and are returning to normal