Bond volatility surges while bitcoin and Wall Street stay calm
Bond volatility is at its highest since March, while the bitcoin VIX, BVIV and Wall Street's VIX remain near its yearly low.
Source: CoinDesk
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DW NOTE
The MOVE index has spiked to 104, its highest since March, while bitcoin implied volatility sits near its year-to-date low of 35 and the S&P VIX hovers at 14. Bond traders are pricing in turbulence that equity and crypto markets are refusing to acknowledge — a divergence that historically ends with one side capitulating to the other's view.