The CBOE Volatility Index (VIX), a key measure of market volatility, has surged above 20 for the first time since December 23, 2024, reaching levels as high as 22 after an 8.14% surge to 19.54 and further to 21.61. This increase comes amid a backdrop of inflation concerns and rising bond yields, with the US 10-Year Yield holding steady at 4.763% and later at 4.784%. The Dollar Index experienced a slight decline to 109.63, down 0.02%. The VIX's rise reflects heightened investor anxiety, particularly following a post-jobs report market slide.