Market Comment | Equity sell-off and the spike in volatility continued

Summary

Equity markets continued to decline throughout the developed world as the correction process to higher yields (see BBVA Watch) and fears of less dovish monetary policy continued (see). Volatility levels were at between 30 and 50, a level not seen since 2008, which also raised doubts about side-effects of trading on volatility (see). In Europe and Asia, stocks declined […]

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