VIX ETFs Higher on Week as Sequestration Cuts Loom

Volatility-linked ETFs were the week’s biggest gainers with some investors looking for hedges as the Dow Jones Industrial Average brushes up against its all-time high. For example, VelocityShares Daily 2x VIX Short Term ETN (NYSEArca: TVIX) was on track for a 14% weekly advance in afternoon trading...
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