The World's Biggest Bond Market Is More Calm Than Ever
- Treasury-vol index has declined for eight consecutive sessions
- Investors should prepare for higher U.S. vol vs Europe: BAML
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It’s one step forward, two steps back for bond volatility.
Bank of America Merrill Lynch’s MOVE Index, a gauge of price swings in the U.S. Treasury market, fell to a record low on Monday, bucking last month’s uptrend.