Volatility ETFs Spike as Economic Concerns Fuel Market Fear
July 08, 2021 at 20:30 PM EDT
The CBOE Volatility Index hit its highest level in over two weeks Thursday, as equity markets reeled and investors turned risk off in face of growing concerns over the market’s economic outlook. On Thursday, the iPath Series B S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) and...