The broader markets appeared to take the U.K.'s June 23 vote to exit the EU in stride after the immediate shock.
Index blip: Equity index returns dipped in the days following the Brexit vote, but then picked up where they left off. Non-U.S. equities saw some initial improvement but continued to underperform into August, while mid- and large-cap U.K. equity growth accelerated.
Volume ticked up: Volume among major equity indexes rose in the days following the vote, but the uptick was short lived as volume continued the downward trend that began in the first quarter.
Volatility spiked: Volatility shot up in the days surrounding the vote, but has since declined more than 50%. The pound, euro and yen saw significant volatility against the dollar before settling down.
Yields plummeted: Yields have fallen throughout 2016 with 10-year rates reaching historic lows in the weeks following the vote. The low rates have led to wide gaps in pension funding.
Source: Bloomberg LP
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