Cross-Asset Volatility Surges at Fastest Pace Since 2008 Crisis
- BofAML index shows anxiety rising as price swings lash assets
- After stubborn calm, turmoil finally reaches currency market
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The sell-off may be taking a rest but the volatility is still at work.
On Tuesday, S&P 500 futures hit their trading limits after rising too fast. A day earlier, stocks fell so quickly they also triggered curbs. The raging equity swings underscore how volatility is engulfing every region and asset class at a pace unseen since the dark days of the global crisis.