Hey W,
thanks for the frequent updates.
What are your thoughts in a scenario where rising interest rates causes borrowers to default / quasi default - assume it hurts HLI as payouts have to happen...
Wondering why the markets are not pricing in that potential downside? or is it already doing that? What am I missing?
thanks
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Open | High | Low | Value | Volume |
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8 | 15600 | 3.900 |
Price($) | Vol. | No. |
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3.950 | 2142 | 2 |
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