I came here to see if anyone had a yield level that spikes default probability. I feel like there's a reason the Fed is raising rates slowly... I liked your comments on repo i'd love to learn more, I am very concerned about repo and default probability spikes.
Being a bit pedantic: The chance would need to be much, much, much less than 1%. Tail risk = the chance of something happening x the consequences of something happening. Doesn’t change any of your arguments, though.
I came here to see if anyone had a yield level that spikes default probability. I feel like there's a reason the Fed is raising rates slowly... I liked your comments on repo i'd love to learn more, I am very concerned about repo and default probability spikes.
Being a bit pedantic: The chance would need to be much, much, much less than 1%. Tail risk = the chance of something happening x the consequences of something happening. Doesn’t change any of your arguments, though.