Offshore renminbi (CNH) implied volatility has fallen to historically low levels. 1Y implied vol is now among the cheapest across major global assets, reflecting a sharp contraction in market pricing for risk.
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FICC: CNH Vol’s Multi-Year Lows
- Published:
20 Oct 2025 - Author:
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Pages:
3 -
Offshore renminbi (CNH) implied volatility has fallen to historically low levels. 1Y implied vol is now among the cheapest across major global assets, reflecting a sharp contraction in market pricing for risk.