Treasury volatility jumps as BTC and U.S. stocks stay unusually calm

U.S. Treasury market volatility has surged while expected volatility for Bitcoin and U.S. stocks remains near this year’s lows, widening the gap between the markets, CoinDesk reported. The outlet said the MOVE Index, which tracks implied volatility in U.S. Treasuries, jumped from around 80 on Sept. 22 to 104 on Sept. 24, marking its highest level since it hit 199 in March. By contrast, BVIV, which reflects Bitcoin’s expected volatility over the next 30 days, stood at around 37, close to this year’s low of 35. The VIX, which tracks expected volatility for the S&P 500, also remained near 14, around this year’s lowest level. CoinDesk said the divergence across the three markets suggests Bitcoin and equities are holding up despite stress in the bond market.