Funding Stress Escalates

A less likely but important downside scenario is that equity losses trigger wider funding stress, especially with US 10-year yields above 5% and regional investors facing mark-to-market losses. This would turn a stock-market correction into a broader risk-asset event across credit, FX, and crypto.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.