VIX ETPs Surge with Trade Truce Under the Microscope
This article was originally published on ETFTrends.com.
After the initial jubilation, investors took a second look at the U.S. and China trade war ceasefire, dragging down markets and triggering a spike in CBOE Volatility Index and VIX-related exchange traded products. On Tuesday, the iPath S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) advanced 13.3%, ProShares VIX Short-Term Futures ETF (NYSEArca: VIXY) [...]