Volatility ETFs Spike as Inflation Pushes to a 4-Decade High

The CBOE Volatility Index and VIX-related exchange traded funds surged Friday after new data revealed inflation accelerated to a four-decade high. The iPath Series B S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) increased 2.4% and the ProShares VIX Short-Term Futures ETF (NYSEArca: VIXY)...