Bearish
Russell 2000 ETF (IWM) sees $3.3B outflow amid rising Treasury yields.
Over the past week, the iShares Russell 2000 ETF (IWM) experienced $3.3 billion in outflows, marking its second-largest weekly withdrawal of 2026. This trend coincides with a surge in Treasury yields, which have been particularly impactful on small-cap stocks sensitive to borrowing costs. Consequently, the Russell 2000 index has underperformed, declining 7.3% since mid-August and reaching its lowest level since June 10.
Key points
- IWM records $3.3 billion outflow as Treasury yields surge.
- Russell 2000 underperforms, down 7.3% since mid-August.
- Correlation between IWM and 10-year Treasuries reaches one-year high.
Sources
AI-generated from public news sources. Not financial advice.
