Swings Suppressed as World Volatility Reveals No Panic
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Price swings across assets and around the world are holding below historical averages even as central banks roil markets.
Levels of investor concern in equities, commodities, bonds and currencies as measured by Bank of America Corp.’s Market Risk index of cross-asset volatility are below readings from about 75 percent of days since 2000, according to data compiled by Bloomberg. Among those markets, the cost of options has risen in Treasuries and foreign exchange in 2013 and fallen in stocks and raw materials.