The rebound in fintech stocks follows a sharp retreat in long-end Treasury yields, which tend to benefit consumer lenders and high-multiple growth names. The 10-year Treasury yield fell 5 basis points to 4.65%, and the 30-year yield declined 8 basis points to 5.2%. This move comes after the Treasury Department stated it would increase buybacks of long-dated government debt "by at least double" for securities from the 10-year to 30-year sector. No company-specific catalysts were cited for the individual stock movements.