Volatility ETFs Jump on Uncertain Fed Response to High Inflation

The CBOE Volatility Index and VIX-related exchange traded funds climbed Thursday as investors dumped risk assets on uncertainty over the Federal Reserve’s reaction to accelerating headline inflationary pressures. Among the best-performing non-leveraged ETFs of Thursday, the iPath Series B S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) increased 8.6%, and the ProShares VIX Short-Term Futures […] Read more at ETFtrends.com.