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Bull market charges on

David Llewellyn-Smith
Tuesday, 30 January 2024
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More good news for the bull market today as bond volatility eases. The Market Ear has more.

Et tu MOVE

Bond volatility has imploded lately. Chart 1 shows the most recent price action. Chart 2 is the longer term view showing just how elevated MOVE still remains. MOVE is the last global cross asset volatility that trades at elevated levels. Imagine it starts coming down more “seriously”.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.