On December 30th, against the backdrop of the Federal Reserve's interest rate cut effectively mitigating the risk of economic recession, a key indicator measuring volatility in the US bond market is heading for its largest annual decline since the global financial crisis. As of last Friday, the ICE BofA MOVE index (reflecting expected volatility in the bond market) had fallen to approximately 59, its lowest point since October 2024. This index has been steadily declining from around 99 at the end of 2024 and is projected to record one of the most significant annual drops since data became available in 1988, second only to the crash of 2009. (Jinshi)
US Treasury volatility may record its largest annual drop since 2009.
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
