"The TVIX short squeeze" (futures down 3%, note up 7%, o.u.c.h.)

From SoberLook:

...In the last 5 days the VIX futures are down about 3%. According to the description above, TVIX should be down 2x or 6%. Yet TVIX is up over 7%.

TVIX vs VIX futures (Bloomberg

The short squeeze pushed this product to 36% above its net asset value....MORE

Previously:
Perhaps Monsieur Would Like a Few Après-dîner TVIX Calls? (VIX; TVIX)
"TVIX Premium Spikes to 13%" (TVIX; VIX; VXX; UVXY)
Deutsche Bank: TVIX Explosion Drives Vol-of-vol Higher (TVIX; VIX; VXX)