India, Oct. 5 -- Wall Street is looking for trades between different asset classes as stocks, gold and oil struggle to reach new highs while US Treasury yields continue to rise. Instead of simply betting on one market going up or down, strategists are looking at trades that combine moves across different markets.

Market volatility remains surprisingly low despite several major risks. The US and other countries are dealing with two wars, rising Treasury yields and upcoming elections in France, Brazil and the US, but major financial markets have not seen a big jump in volatility.

S&P 500 volatility is still close to its lowest levels in five years. The volatility implied by S&P 500 options remains low because individual stocks are moving ...