of the VIX — a volatility index — is freaking out.The index that measures Treasury market volatility is flirting with levels not seen since the peak of the COVID-induced market crisis of March 2020.Turbulence in safe haven Treasuries is a sign that markets aren’t functioning as smoothly as they should.
Thursday the 10-year went on a wild ride — the yield initially rose 0.15 percentage points after the CPI report, before clawing back about half of that.The way the Treasury market functions during periods of stress has been a worry for a while now. And there's no shortage of theories for why the market has seemed to grow much jumpier lately.from the group of Wall Street bankers and traders advising the Treasury about issues in the market.
For now, it will likely get worse before it gets better, wrote BofA Research analysts in a note this week.
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »
Source: BTCTN - 🏆 531. / 51 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »