The Macro Brief

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The Macro Brief
The Macro Brief
Chart of The Day: Rate Vol Leads the Way

Chart of The Day: Rate Vol Leads the Way

Where Macro Meet Markets

Macro Strat Chris's avatar
Macro Strat Chris
Nov 16, 2021
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The Macro Brief
The Macro Brief
Chart of The Day: Rate Vol Leads the Way
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If bond traders are the smart money, then equity traders are the dum.. optimistic money.

Bonds lead the way. Don’t believe me? Read “Is the Duration Trade Over?” to see why I went short bonds ahead of the inflation trade ahead of everyone else.

The VXTLT ($TLT volatility index) is breaking out through 18 while the VIX is trading at a discount.

The VIX/VXTL…

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