The Compound and Friends cover image

Somebody's gonna be wrong

The Compound and Friends

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The Difference Between Bond Market Volatility and the VIX

LZ: I saw a chart of 10-day volatility of the S&P 500. It's like zero, but it's much lower than it has been in a long time. LZ: The craziest part about this is that bonds are supposed to not be volatile. So either the stock market is too complacent or the bond market is way too volatile. That's your theme of 2023.

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