Volatility Declines as Spot Rates Remain Rangebound – Not much has changed over the past fortnight, as Capesize spot rates hover in the mid/low-20,000s range   Source: Breakwave Advisors Volatility Declines as Spot Rates Remain Rangebound – Not much has changed over the past fortnight, as Capesize spot rates hover in the mid/low-20,000s range   Source: Breakwave Advisors