TNA is trading at $73.06 (+2.05%) as it rebounds alongside the Russell 2000 and broader U.S. equities after the sharp August 20 selloff.
- Russell 2000 futures rose 0.67%, while major index futures also advanced.
- Improved risk sentiment and dip-buying were supported by hopes that expanded Treasury long-term bond buybacks can stabilize borrowing costs.
- Elevated Treasury yields, higher oil prices, and geopolitical tensions are limiting the rebound.