SPY forward IV prices Jackson Hole as a non-event, but CTAs are stretched short Treasuries and SPX gamma flips near 7780 — an asymmetric setup into Friday.
bonds
Credit Market Volatility vs. Equity Volatility
The following is an automated transcript of the video above, for your convenience. Please pardon any typos. Volatility Divergence Between Bonds and Equities Today we wanted to talk about volatility, and specifically the volatility divergence between bonds and equities. So on your screen we have the MOVE index, which is considered to be the bond […]