🔴 Nasdaq-100 2x Leveraged ETF (L8I7.DE) is trading 3.13% down on August 18, 2026 as yields surge

L8I7.DE is trading at €9.66 after a -3.13% move, as Nasdaq-100 weakness and surging long-term Treasury yields pressured high-duration technology valuations.

• During the August 17 U.S. session, oil moved above $90 amid escalating U.S.-Iran tensions; the Nasdaq Composite fell 0.32% and the 30-year Treasury yield reached 5.31%.
• Microsoft fell 3.04% as investors rotated toward AI hardware, while the ETF’s daily leverage magnified Nasdaq-100 weakness; European trading and currency effects also influenced the decline.