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SocGen: ‘We Cringe’ Whenever We See That Chart Of The VIX And The Yield Curve
Over the past six or so months, a handful of bloggers and some members of the finance Twitterati (and those are not mutually exclusive) have periodically rolled out a lagged chart of the VIX plotted with the 2s10s in an effort to suggest something or other about an imminent spike in volatility "caused" by inversions or near inversions in the yield curve.
It's a testament to something (nothing good) that such a chart crime was able to get any traction whatsoever, but it did. In fact, it was cite
Lol, then they go and label the wrong series as lagged on their chart
And the VIX on the first chart should be advanced, not lagged…I mean their point stands, but yikes