Bond volatility "breaks down"
The MOVE just printed the lowest levels since early February.
MOVE vs VIX
Zoom out and bond volatility remains the elevated one still, but note that while MOVE has taken out new recent lows, the VIX remains above summer lows.
Ready for the MOVE?
MOVE has been the last man standing when it comes to volatility holding up relatively well. SPX has traded the moves in bond volatility for months. Will SPX start to chase the latest move in the MOVE? Chart shows SPX vs MOVE inverted.
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