Schwab’s Sonders Says Stock Fear Gauge Can Stay Low Over Time

  • ‘Subdued’ VIX means investors seeing rotational volatility
  • Bond yields drive market as effect of Delta variant eases

Liz Ann Sonders

Photographer: Christopher Goodney/Bloomberg
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The stock market may have hit the sweet spot of volatility.

The CBOE Volatility Index (VIX), a gauge of fear, closed Thursday at 15.01, its lowest since before the pandemicBloomberg Terminal took hold in March of last year, and fell on Friday before edging higher again.