Rocket Lab Stock Drops Amid Treasury Yields Rise And Inflation Worries - Rocket Lab (NASDAQ:RKLB)

Rocket Lab shares are under pressure. Why are RKLB shares declining?

Growth Stocks Struggle As Rate Fears ReturnYardeni suggested the Fed may abandon its easing stance entirely and shift toward a tightening posture at the June meeting, with a possible 25 basis point hike in July. Bond yields reflected that anxiety, with the 10‑year Treasury near 4.60% and the 2‑year around 4.06%. Even so, the CME FedWatch tool still shows markets expecting no rate change in June.SpaceX IPO Chatter Adds Another Layer Of VolatilityRitter also raised concerns that even if Starlink becomes a massive profit engine, those gains might be funneled into Mars‑focused projects rather than returned to shareholders.Fears Of A Valuation Bubble BuildMomentum Is Still The Story — And The ProblemKey levels now matter because they're where psychology meets liquidity:

Key Resistance: $138.38 — the 52-week high from May, a level that can attract sellers on retests

Key Support: $101.30 — near the 20-day EMA, a common "first line" trend support in strong uptrends