Volatility index hits lowest level in a decade

Saw a 9% fall yesterday

Laura Dew
Volatility index hits lowest level in a decade

The CBOE Volatility (VIX) index, the so-called 'fear' index, has hit its lowest level in ten years, as some US markets reach fresh highs.

The index, which shows the market expectations for 30-day volatility and also measures the number of options purchased by investors as protection, reached the low point yesterday when global equity markets...

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