Bloomberg Surveillance · Monday, September 28, 2026
The VIX has been unusually steady despite market turmoil, leading to questions about its effectiveness as a volatility measure. Analysts suggest that sector rotations, rather than the VIX, might be a more accurate indicator of current market volatility, highlighting significant shifts between sectors like semiconductors and interest rate-sensitive areas.
“VIX has been a really, you know, it's been a conundrum at this point because no matter what happens in the markets, the VIX is, you know, kind of pretty much very steady.”
“So maybe VIX, as we know it, is no longer the right measure to monitor the volatility that's happening.”
“Maybe the maybe the real way to think about what's happening in the market and the volatility is to look at the interest sector rotations that happen.”