If you trace the force vector, a bolt adds a moment equal to the length of the bolt.
A bolt twists as you add torque to the end. The twist shortens the bolt (metal plasticity), when you release the torque, the bolt un-twists and goes back to it's original length (almost), releasing clamping pressure.
The bolt is the spring, a stud twists less, mostly because you are introducing torque at the thread plane, not at the other end of a moment, so you can add more torque for a given diameter fastener.
A torque wrench is a lousy way of measuring clamping forces.