Wall Street's 'fear gauge' signals more selling to come
Despite that sell-off, the term structure for the VIX remained inverted on Monday, with shorter-dated contracts at higher levels than longer-dated ones, an indication that investors may be bracing for sustained volatility.
Some investors are betting that markets will stay turbulent in the coming weeks, after an avalanche of selling in US stocks sent volatility to levels not seen since the financial crisis.
The Cboe Volatility Index, known as "Wall Street's fear gauge," climbed
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