MOVE – U.S. Treasury Volatility Index

MOVE – U.S. Treasury Volatility Index The cooling of U.S. rates volatility, as measured by the MOVE index, can be seen as a positive development for the bond market and the broader economy. Image: BofA Predictive Analytics

Volatility Divergence – VIX vs. MOVE

Volatility Divergence – VIX vs. MOVE The divergence between VIX and MOVE presents unique challenges and opportunities for market participants, reflecting different expectations and perceptions of risk in the equity and bond markets. Image: BofA Global Research

VIX – Volatility Index

VIX – Volatility Index While a low VIX may signal a relatively stable market environment, it can also indicate complacency or a lack of concern among market participants regarding potential risks. Image: BofA Global Research

Average Monthly Volatility for U.S. Election Years Since 1928

Average Monthly Volatility for U.S. Election Years Since 1928 The historical pattern of the VIX rising before U.S. elections and then rapidly plunging afterward can be attributed to increased uncertainty and investor fear leading up to the elections. Image: BofA US Equity & Quant Strategy

Volatility – VIX

Volatility – VIX Volatility remains low, typically indicative of bull markets, during which stock prices tend to experience steady increases with fewer significant price fluctuations. Image: Goldman Sachs Global Investment Research

S&P 500 Realized Volatility During Recession

S&P 500 Realized Volatility During Recession During recessions, there is often increased uncertainty and risk aversion among investors, which can lead to higher levels of volatility in the U.S. stock market. Image: BofA Global Research

Bond Volatility – MOVE Index

Bond Volatility – MOVE Index The decline in U.S. Treasury bond market volatility is seen as good news because it indicates a more stable and predictable investment environment, which can benefit both individual investors and the broader economy. Image: The Daily Shot

Volatility – U.S. Options Expiration

Volatility – U.S. Options Expiration Today being the largest September-options-expiration on record could suggest potentially significant market movements. Image: Goldman Sachs Global Investment Research

Volatility – VIX Level

Volatilty – VIX Level Should U.S. equity investors expect more volatility ahead? Image: Goldman Sachs Global Investment Research