CDSストレステスト

経済

ぶっつけ本番ストレステストで書いた内容のことが、間もなく実行に移されるかもしれない。

CDS report: Spreads hit record highs, entering “wild and inexplicable” territory

Liquidating CPDOs and other structured credit instruments requires buying large amounts of protection using credit default swaps. This, in turn, drives the cost of protection higher, potentially triggering a chain reaction.

Price changes, multiplied by leverage, leads to redemption risk and margin risk, which ultimately also leads to unwind risk. This creates a technical sell-off as the unwinds happen in a bearish market.

前向きに行こう！

  • とりあえず、目標はダウ5000ドル。日経平均5000円。（笑