iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ)

The economy and financial markets have been resilient to the tightening of credit conditions we have seen so far this cycle.

The Chicago Board Options Exchange’s VIX volatility index is often referred to as “Wall Street’s fear gauge,” and it is currently showing that investors aren’t scared. The VIX currently stands close to its lowest rate since January 2020 — before all the turmoil of the COVID-19 pandemic — and at these levels investors have been happy...

In the last trading session, MGC and VXZ traded with an outsized volume.