UVIX is trading at $33.50, up 2.01%, as hotter-than-expected September CPI lifted Treasury yields and rate-hike expectations.

  • September CPI showed 3.7% annual inflation, above the 3.6% forecast.
  • Falling stocks and renewed Fed-tightening concerns likely supported demand for short-term VIX futures exposure, which UVIX magnifies.
  • Broader volatility remained relatively subdued, suggesting a risk repricing rather than evidence of a major volatility spike.