TNA is trading 2.7% up as Russell 2000 futures briefly gained 0.93%, after TNA’s 3.80% August 18 decline.
- Treasury yields eased: 10-year near 4.686% and 30-year near 5.272%, reducing pressure on rate-sensitive small caps.
- Caution remains ahead of the 2:00 p.m. ET FOMC minutes, which could quickly change rate expectations.
- The move appears index-level, not TNA-specific, amid a rebound after Tuesday’s technology-led selloff; later futures moderation signals volatility.