Investors wary of lingering Treasury volatility as US stocks rally

📆 2023/11/10 22:27:00
📰 KitcoNewsNOW

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NEW YORK, Nov 10 - A still-jittery bond market is clouding the outlook for a rally in U.S. stocks, analysts tracking measures of market volatility said.

At the same time, the Cboe Volatility Index, , which measures expectations for stock gyrations, has fallen to a seven-week low of 14.13. That could be a problem if Treasury yields - which move inversely to bond prices - resume a climb that has pressured stocks since the summer. The MOVE index is nearly eight times higher than its equity-focused counterpart. That compares to a three-decade average in which the MOVE has been just under five times the value of the VIX.

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