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VIX volatility gaugeReuters
•78% Informative
The VIX closed at just 16.2 on Wednesday , taking just seven trading days to return below its historic median after Aug 5 's blistering 38.6 finish.
That puts the early August episode more in line with the brief "volmageddon" flurry in early 2018 than any more durable and pernicious disturbances.
While futures have baked in a quarter -point cut for September , there is now just one -in-three chance the Fed will opt for a 50 basis point move.
U.S. Treasury sells 4-week bills (Writing by Mike Dolan ; Editing by Alison Williams ; [email protected]).
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