Global Risk Appetite index continues to march higher as investors embrace the "risk-on" trade.
Source: CS |
Other risk indicators also show a similar trend. VIX for example is at new post-recession lows.
VIX Index |
Junk bond yields hit another all-time low yesterday and Eurozone periphery debt yields hover near recent lows as well.
Italy 10-year yield |
Investor risk aversion is disappearing quickly.
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