Bond Volatility Shows Signs of Life as Rates Divergence Widens
- MOVE index rises to highest since May, monthly average gains
- Volatility increases as U.S. yields hit highest in 7 months
Gayeski, Brenner on Fed, Tax Reform Spurring Dollar
This article is for subscribers only.
As U.S. Treasury yields climb to the highest in seven months, volatility in the bond market is also trending up.
Bank of America Merrill Lynch’s MOVE Index, a gauge of price swings in the U.S. Treasury market, is close to the highest since May and its monthly average is on track to record a third consecutive rise.