Bond Market Volatility Is Rising, but Bitcoin and Stocks Have Yet to Notice
Key Highlights: The ICE BofA MOVE Index surged 46% in June to near 116, approaching its March high and its highest level since April 2025. Surging Treasury market turbulence has rapidly spilled into corporate debt, lifting investment-grade and high-yield bond volatility percentiles into the upper deciles. While Bitcoin’s BVIV and the S&P 500’s VIX remain ...