The muddling through shall continue
The VIX index of volatility reached its lowest level Friday since January 2022. Implied Treasury yield volatility has also dropped back to pre-SVB levels. "Bloomberg’s index of US financial conditions has now erased more than 80% of the tightening seen last month:" DB data pic.twitter.com/YKm1znBZux
— Lisa Abramowicz (@lisaabramowicz1) April 17, 2023