The Chicago Board of Exchange’s Volatility Index, or VIX, slid 1.2 per cent to 16.95 in Thursday (Friday AEST) trading, its lowest close since the early days of the pandemic.
The VIX has tumbled 30 per cent in the last month when it traded above 24; it had peaked above 37 in January during the GameStop and related meme stocks meltup.
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Timothy Moore writes on equities, commodities and monetary policy. He writes Before the Bell and contributes to the Markets Live blog. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com
