UVIX is trading at $37.08, up 2.17%, as U.S. stocks weaken and demand for volatility exposure rises. - The Nasdaq is underperforming, and equity futures point lower. - The 10-year Treasury yield reached roughly 5.14%–5.15%, its highest since 2007; stronger September business activity increased expectations for elevated interest rates. - Higher oil prices, including Brent above $105, are adding inflation pressure and reinforcing risk-off sentiment. UVIX provides leveraged exposure to VIX futures, with the selloff and macro uncertainty supporting demand.