The recent risk off moves from Nov 30 where on two things. Firstly, Omicron uncertainty. Secondly, fears the Fed would make a policy mistake. Both those fears are not gone, but are less prominent.
This is helping risk. Equities are up, volatility is down, yields are flat (but that’s good in context
This is helping risk. Equities are up, volatility is down, yields are flat (but that’s good in context