UVIX is trading 2.5% up today as equity volatility stabilizes following a sharp recent selloff driven by softer June CPI and reduced Fed tightening fears.
- VIX futures are firming as volatility expectations stop collapsing, supporting a modest upside move in the 2x leveraged long-volatility product.
- The rebound follows several sessions of declines as markets adjust to the post-CPI environment and shifting Fed expectations.