The short term volatility indexes (VXST and VIX) were up a bit last week as the S&P 500 set multiple all-time closing record highs last week. VIX3M (formerly VXV) and VXMT were both up slightly resulting the rare ‘term-structure twist’. It’s really not that rare, I just had a nature documentary voice in my head as I typed that.
The table below has few surprises (beyond VXST and VIX higher). TYVIX heading to higher levels is a bit of a head scratcher[...]