⚠️ The world's calmest market is freaking out
The MOVE Index just spiked 33% in two days, hitting 104 — highest since March. Last time this happened? 2008 crash, 2020 COVID panic, 2023 regional bank collapse.
$MOVE measures bond volatility. When bonds get nervous, everything else follows. US 10Y hit 5.17% (highest since 2007), 30Y crossed 5.50% (first time since 2004).
Here's the kicker: VIX is still chillin at 16, near yearly lows. MOVE usually leads VIX by days or weeks. In 2023, bonds screamed before equities dumped.
If VIX catches up, risk assets are cooked. Mortgages, corporate debt, government borrowing costs — all tied to Treasuries. When the foundation cracks, the house shakes.
Are equities really gonna keep ignoring this? History says no.
The MOVE Index just spiked 33% in two days, hitting 104 — highest since March. Last time this happened? 2008 crash, 2020 COVID panic, 2023 regional bank collapse.
$MOVE measures bond volatility. When bonds get nervous, everything else follows. US 10Y hit 5.17% (highest since 2007), 30Y crossed 5.50% (first time since 2004).
Here's the kicker: VIX is still chillin at 16, near yearly lows. MOVE usually leads VIX by days or weeks. In 2023, bonds screamed before equities dumped.
If VIX catches up, risk assets are cooked. Mortgages, corporate debt, government borrowing costs — all tied to Treasuries. When the foundation cracks, the house shakes.
Are equities really gonna keep ignoring this? History says no.
