Uneasy Calm Grips Markets Suddenly Silent Before U.S. Vote
- Indexes of expected price swings subdued across asset classes
- Traders reacting to certainty around U.S. election, rate hike
A pedestrian walks past the New York Stock Exchange (NYSE)
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
It’s happening again.
Markets around the world, from stocks to metals and bonds, have slowed to a crawl, revisiting lows in volatility that have stood for two years. Muted moves just sent a cross-asset gauge of price swings in equities, rates, currency and commodities to the lowest since 2014.