Volatility ETFs Climb as Inflation, Recession Fears Grip Markets
May 18, 2022 at 17:24 PM EDT
The CBOE Volatility Index and VIX-related exchange traded funds surged Wednesday as U.S. equities reeled in their worst day since 2020 following disappointing earnings results that added to recession fears. The iPath Series B S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) increased 5.2% and...