Volatility ETFs Surge on Recession Fears, Bear Market Downturn
June 13, 2022 at 16:10 PM EDT
The CBOE Volatility Index and VIX-related exchange traded funds climbed on Monday as U.S. equities dipped into bear market territory and more began to warn of an economic recession. The iPath Series B S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) increased 9.8% and the ProShares VIX...