Published on 5 Nov 2024 on Benzinga
...Bond Vigilantes Have Been Voting Early' - iShares 20+ Year Treasury Bond ETF...
A widely watched gauge of bond market volatility has surged to its highest level in over a year as American voters cast their ballots in one of the closest presidential races in recent history.
The ICE BofAML U.S. Bond Market Option Volatility Estimate Index, or “MOVE” index, closed at 136 on Monday, reaching levels last seen in early October 2023.