After a deceptively calm period, markets have re-embraced volatility. Wall Street’s so-called “fear gauge,” the Cboe Volatility Index (VIX), has surged dramatically, reaching levels not seen since October. This sudden shift isn’t isolated to equities – uncertainty now permeates the typically staid bond markets and even the foreign exchange arena. Analysts see echoes of rising … Markets Jolt Awake: Volatility Spikes as “Fear Gauge” Soars
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