TNA is trading at $56.24, down 2.07%, as rising oil and renewed Middle East tensions revive inflation concerns.
- Brent climbed toward $105 a barrel, while the 10-year Treasury yield remained near multi-decade highs.
- Higher borrowing costs weigh especially on rate-sensitive small-cap companies, pressuring the Russell 2000 and its leveraged TNA exposure.
- The broader U.S. market was also lower, consistent with a wider risk-off move.