Downside Protection in US Credit Market

Published on
May 23rd, 2017
22 minutes

Downside Protection in US Credit Market

Think Piece ·
Featuring Cyril Castelli

Published on: May 23rd, 2017 • Duration: 22 minutes

Cyril Castelli is one of Europe’s most respected macro strategists, giving his clients access to the trading positions in Rcube’s global macro portfolio. With deterioration in corporate behavior towards leverage, pressures are building in the US credit market and in this Think Piece, Cyril explains the urgency to take action to position yourself on the downside. Filmed on April 27, 2017, in Paris.


  • AC
    Adam C.
    9 June 2017 @ 08:55
    Awesome crash course into what drives credit spreads. I also loved his structure of selling 3m yen strangles to buy 12m ATM S&P puts. Another example of how crazy low equity vol is
  • FG
    Francois G.
    27 May 2017 @ 21:34
    Superbe, merci monsieur Castelli
  • PP
    Paul P.
    24 May 2017 @ 22:16
    Great work. Thank you.
  • SC
    Seraphim C.
    23 May 2017 @ 20:27
    Great insight as per usual!
  • AP
    A P.
    23 May 2017 @ 18:13
    Brilliant ANALYSIS from Mr. Castelli. More please! Good on RVTV for featuring.
  • NL
    Nick L.
    23 May 2017 @ 13:42
    Fantastic video