Another down day for the VIX (VXX -2.9%) brings volatility (or fear) to its lowest level since...

|By:, SA News Editor

Another down day for the VIX (VXX -2.9%) brings volatility (or fear) to its lowest level since the summer of 2007. The term structure - short-term risk relative to medium-term risk - plunges to its lowest level in at least a decade.