UVIX is trading at $41.81, down 2.97% from the September 10 close as U.S. equity futures rise roughly 0.4%, reducing immediate demand for volatility exposure.

  • The decline follows Thursday’s volatility surge tied to elevated oil prices, higher Treasury yields, and U.S.-Iran tensions.
  • Investors await the August CPI release scheduled for 8:30 a.m. EST; consensus expects 0.4% monthly headline inflation.
  • Oil above $100 and yields near 5% preserve significant volatility risk.