SoFi Technologies shares were marginally higher Wednesday morning as a global bond-market selloff pushed the 10-year Treasury yield to 4.81% and the 30-year yield near 5.27%. The higher-rate environment is pressuring rate-sensitive fintech lenders, including SoFi, whose digital-bank model keeps significant personal, student and mortgage loan volume on its balance sheet. Elevated long-term yields can increase funding costs, widen secondary-market securitization spreads and require fair-value discounts on existing loan portfolios. SoFi’s second-quarter results, delivered on July 30, showed $1.21 billion in net revenue, up 40% year over year, diluted earnings per share of 12 cents and a 5.98% net interest margin. The company added 1.1 million members during the quarter, reaching 15.8 million. Institutional interest also offered support after regulatory disclosures showed UBS Asset Management bought 198,336 additional shares in the second quarter, taking its holding above 4.92 million shares. SoFi stock was up 0.35% at $17.11 at publication, according to Benzinga Pro data, while trading near recent lows.