POPA ReconUS equity and bond market volatility are moving in opposite directions:
US equity and bond market volatility are moving in opposite directions: The Volatility Index, $VIX, to MOVE Index ratio is down to 0.15, its lowest since December 2014. This ratio has fallen -31.5% over the last 2 weeks as the Treasury market volatility intensified. Over this period, the MOVE Index has surged +25.9 points, or +32.1%, to 106.6, its highest since March 31st. At the same time, $VIX has declined -1.7 points, or -9.5%, to 16.0, well below its 2026 average of 18.3. To put this into perspective, during the March to April 2025 correction and the March 2026 pullback, this ratio ju…
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