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MOVE over VIX!

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Our VIX indicator flashed a "sell" signal on Monday. But low VIX readings have been bullish for high yield. Falling bond volatility has been good for equities. Relatively high bond vol readings suggest stock investors may want to pay more attention to bond volatility than to stock volatility, as additional declines in bond vol could support a further rally in equities.

Ned Davis Research | NDR Hotline | Insights | 3X Weekly

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