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Published on Wednesday, October 10, 2018 | Updated on Wednesday, October 10, 2018

Market Comment | Volatility in equity markets surged

Risk perception increased again in financial markets. Although US yields remained broadly steady, equity indices in the US and Europe declined, with implied volatility in the S&P500 surging (VIX 19). Moreover, cyclical sectors led the decline in equity indices, while defensive stocks outperformed. The US 10Y yield hovered around its 7-year high ahead […]