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Analysis: Investors avoid interest-rate trading risk and choose to stay on the sidelines as the U.S. Treasury market sees violent volatility

PANews September 25 reported that an indicator measuring U.S. Treasury volatility is seeing its biggest rise in over 1 years, after bond yields rose to multi-decade highs, pulling the market out of its recent sluggish state.ICE Bank of America (ICE BofA)'s MOVE index, an indicator measuring bond-market volatility, has risen by approximately 29.69%cumulatively this week,April its biggest rise since the so-called "Liberation Day" last year. At that time, the large-scale import tariff measures introduced by Trump triggered turmoil in global markets. The index has now risen to its highest level since March this year, when the Iran war had just broken out. Market volatility is intense, and many traders have chosen to stay on the sidelines. For example, Adam Kurpiel, head of interest-rate strategy at Société Générale, said that his team currently holds a neutral view on U.S. rates and is waiting to "trade after volatility declines."

Source: https://www.panewslab.com/zh/articles/01a0d8a6-399f-7236-95b9-85550d0def0d