Nuclear Stocks Slump as 10-Year US Treasury Yield Hits 5.26%

Key Facts

1NuScale Power stock fell 7% to $6.04 as 10-year Treasury yields climbed to 5.26%.

2Nuclear power stocks faced heavy pressure, with Energy Fuels dropping 9% and Oklo sliding 5%.

NuScale Power stock fell 7% to $6.04 as 10-year US Treasury yields climbed to 5.26%. According to 247wallst.com, nuclear power stocks faced heavy selling pressure, with Energy Fuels dropping 9% and Oklo sliding 5%. The climb in yields has increased the discount rate for future cash flows, disproportionately affecting growth-oriented nuclear technology firms that are years away from significant revenue.

SMR closed at $6.49 on October 13, 2026, while UUUU closed at $9.27 on the same date prior to the recent slump. This sector-wide decline follows the release of the FOMC minutes on October 7, 2026, as the market adjusts to a higher-for-longer yield environment that impacts the valuation of capital-intensive energy projects.