VIX Drops Below 10 After French Vote Eases Geopolitical Risk

The CBOE Volatility Index dropped below 10 on Monday following the French election, marking its lowest level on an intraday basis since February 2007. At this level, the so-called fear gauge is flirting with the lowest close since Jan. 24 of the same year, when it finished the day at 9.89.

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