VIX Is Crashing…

What goes up, must come down…

Havinbg topped 50 in the pre-market – and gone dead – VIX is crashing back below 25 as the US cash market opens…

And stocks are soaring back into the green from ugly overnight lows…

But in context, it’s not pretty…

 

Treasury yields are notably higher (especially off the overnight lows) but are finding resistance at pre-payrolls levels…