🟢 NUGT is trading 6.7% up today as gold miners rebound on easing Treasury yields

NUGT is trading 6.7% up today as gold-mining stocks rebound from a steep multi-day selloff following a pullback in long-term Treasury yields.

• The decline in yields is easing pressure on gold prices and rate-sensitive mining equities after Tuesday’s spike.
• As a 2x leveraged ETF, NUGT is amplifying the underlying sector’s relief rally into a larger percentage move.