(Bloomberg) -- Equities haven't been this volatile since the day Donald Trump was elected President of the U.S.
The CBOE Volatility Index surged as much as 24 percent to 16.66. A close at that level would be the highest since Nov. 8, 2016.
The Dow Jones Industrial Average plunged 500 points Friday in the biggest rout since September 2016 as investors grew increasingly concerned that the rout in bonds will force rates higher.
To contact the reporters on this story: Jeremy Herron in New York at jherron8@bloomberg.net, Kailey Leinz in New York at kleinz1@bloomberg.net.
To contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Joanna Ossinger
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