🟢 Volatility ETF (UVIX) is trading 4.54% up today as hotter-than-forecast CPI revives Fed rate concerns

UVIX is trading at $36.30, up 4.54%, as hotter-than-forecast September inflation renewed concerns about higher-for-longer Federal Reserve rates.

• September CPI ran 3.7% year over year, above the 3.6% forecast.
• Asian equities sold off sharply, while U.S. tech shares and Nasdaq futures weakened, adding to defensive sentiment. UVIX tracks leveraged VIX futures exposure; rising volatility expectations can lift it.
• The move follows UVIX’s 6.58% gain on October 14.