ONAN flags counterparty CDS risk

- On May 3 ONAN posted about counterparty risk visible in credit default swap (CDS) curves, warning real-time shocks can cascade through interconnected exposures. (x.com) - Another X thread from Neo the same day argued liquidity can fail under redemption stress when inflow velocity exceeds an asset manager’s absorption capacity. (x.com) - Together the posts are a reminder that CDS spreads and redemption velocity are practical, early indicators of counterparty and liquidity stress for credit-sensitive portfolios. (x.com) (x.com)