---
title: Bond market volatility is spiking:
description: "The ICE BofA MOVE Index hit 123.8 points last week, the highest level since January.\nThe MOVE index, also called the “VIX of bonds” is a metric measuring yield volatility of 2-year, 5-year, 10-year, and 30-year Treasuries.\nThe index has skyrocketed 38% in just 3 weeks as yields started rising following the Fed's decision to cut rates by 50 bps.\nOver this period, the 10-year Treasury yield jumped from 3.64% to 4.10%.\nAt the same time, the popular bond-tracking ETF, $TLT, fell by 6.8%.\nWhat happened to the \"Fed pivot?\"\n\nSource: The Kobeissi Letter, The Daily Shot"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Bond market volatility is spiking:](https://blog.syzgroup.com/syz-the-moment/bond-market-volatility-is-spiking)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Oct 17, 2024, 2:55:22 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/bond-market-volatility-is-spiking)

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