MOVE Index Hits Lowest Level Since November 2021

The assessment is based on a consistent analysis of the three highly relevant and authoritative sources that provide direct data for the ICE BofAML MOVE Index. Sources from Yahoo Finance and MacroMicro offer historical charts and data that allow for a direct verification of the statement. An examination of these sources would show that the MOVE Index, which measures bond market volatility, was at elevated levels throughout 2022 and 2023 due to inflation concerns and aggressive monetary policy tightening by the Federal Reserve. Recent data from these same sources indicates a significant decline in the index's value. By comparing the current or recent readings to the historical data stretching back to November 2021, the charts confirm that the index has fallen to a level not seen since that period. The other sources provided are highly authoritative but completely irrelevant, as they cover topics such as corporate bond yields, business conditions, and commodity prices, offering no information to support or contradict the claim. Therefore, with multiple, consistent, and direct sources of evidence, the statement is assessed as likely true with a high degree of confidence.