Comment: lol: "The Lack Of Pre-FOMC Fear Is Palpable"

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SteveMT's picture

lol: "The Lack Of Pre-FOMC Fear Is Palpable"

While bond markets are selling off (in anticipation of 'Taper'?), and equity markets are flat; it seems the equity market hedgers are not afraid anymore. After rising notably last week, VIX futures are being hammered lower as we head into the big announcement. Profit-taking on vol curve steepeners or a picture of complacency?

http://www.zerohedge.com/news/2013-06-19/visualizing-lack-fear