Synthetic Risk Transfers?
Read an article that banks are off-loading SRTs to PC shops. Anyone versed or have info on this? Could this lead to turmoil for PC funds or even, some shops going under if economy takes a turn for the worse? Curious what others think about this move and what the play is? I don't know much at all regarding this, but seems pretty important that the banks are offloading these for "some reason".
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