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Volatility ETFs Climb as Traders Hedge Risk Ahead of Fed’s Jackson Hole Conference

The CBOE Volatility Index, or VIX, and volatility-related exchange traded funds jumped Monday as another round of aggressive interest rate hike speculation stoked fears of a potential economic recession ahead. Among the best performing non-leveraged ETFs of Monday, the ProShares VIX Short-Term Futures ETF (VIXY) rose 5.0%. Meanwhile, the CBOE Volatility Index surged 16.3% to [...] The post Volatility ETFs Climb as Traders Hedge Risk Ahead of Fed’s Jackson Hole Conference appeared first on ETF Trends .
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