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ICE BofAML U.S. Bond Market 6 Month Option Volatility Estimate Index GAS-GARCH Student T Volatility Analysis

Volatility prediction for Friday, September 11th, 2026

1 Day

40.16%

increased by 9.38%

1 Week

40.17%

increased by 9.39%

1 Month

40.21%

increased by 9.43%

Analysis last updated: Saturday, September 12, 2026 at 12:50 AM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

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graph of ICE BofAML U.S. Bond Market 6 Month Option Volatility Estimate Index GAS-GARCH-T

News Impact Curve

How returns affect tomorrow's volatility

Volatility Forecast

How volatility evolves over time

Parameter Estimates

Feb 26, 2008 to Sep 10, 2026

Model Insight

Volatility shocks decay with a half-life of 27 trading days, meaning a shock loses half its impact after approximately 27 days. Returns follow a Student-t distribution with v = 3.98 degrees of freedom, capturing fatter tails than a normal distribution.

𝑓

GAS-GARCH-T Model

Tap to view equation

Shock decay: Shocks decay with a 27-day half-lifev = 3.98 · fat tails
ParamValuet-stat
ωconst6.4766
1.15
αARCH0.1173
7.12***
βGARCH0.9744
44.94***
νDF3.9766
3.16***

0.974

Persistence

27d

Half-life
𝑓

GAS-GARCH-T Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

6.4766
1.15
α

ARCH

Response to squared shocks

0.1173
7.12***
β

GARCH

Volatility persistence

0.9744
44.94***
ν

DF

Student-t tail thickness

3.9766
3.16***

Persistence:

0.974

Half-life:

27 days