Bear Market Setup: 9 Signals Aligning -- VIX Not Reflecting It

Multiple cross-asset signals point to a market-regime shift driven by rising rates, persistent inflation, and heavy Treasury supply that together undermine valuation support and increase downside pressure on risk assets. Expect elevated volatility and broader risk-off positioning as yields rise and liquidity/flow dynamics continue to weigh on equities and credit.

Analysis

Multiple cross-asset signals point to a market-regime shift driven by rising rates, persistent inflation, and heavy Treasury supply that together undermine valuation support and increase downside pressure on risk assets. Expect elevated volatility and broader risk-off positioning as yields rise and liquidity/flow dynamics continue to weigh on equities and credit.