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SPX Skew Steepens To 1Y High As Tariff Uncertainty Rises

By Seeking Alpha February 24, 2026 Bearish
SPX Skew Steepens To 1Y High As Tariff Uncertainty Rises
Implied volatilities diverged across asset classes last week on the back of rising geopolitical tensions in the Middle East, changing tariff policy, and lingering AI worries. Despite the decline in the VIX index last week, the implied volatility risk premium increased as realized volatility fell even more.
Implied volatilities diverged across asset classes last week on the back of rising geopolitical tensions in the Middle East, changing tariff policy, and lingering AI worries. Despite the decline in the VIX index last week, the implied volatility risk premium increased as realized volatility fell even more.