print-icon
print-icon

Market down "fear" down, market up "fear" down

Sucking fear out of markets

Everybody is talking about the great fear in markets, but we have seen a huge reset in fear take place over the past sessions. Most noteworthy is the fact bond volatility, MOVE index, has moved sharply lower. People talk of fear, but this is not how fear looks like.

Source: Refinitiv
Source: JPM PI
Source: Refinitiv
Source: Refinitiv
Source: Refinitiv
Source: Refinitiv
Source: JPM
Source: Refinitiv
Source: Morgan Stanley
Source: JPM