@Cosmic @WashedOutGundamPilot
3) https://aspiechattr.me/@WallStreetSilv/110080686624009529 CDS prices don't reflect the fear of a bank's deposits, rather it's ability to pay back liabilities (solvency). Schwab is well collateralized, CDS prices across the industry rose on increased panic.
4) https://aspiechattr.me/@WallStreetSilv/110070954265484215 High yield (junk bond) spreads have nothing to do with, in terms of correlations, bank failures. He should measure the bank's specific debt vs treasuries for a better yield spread analysis
Continued