Yield-driven convexity risk is rising, Michael Green notes

Yield-driven convexity risk is rising, Michael Green notes
Convexity risk seen rising with yields

Michael Green, Michael Green of Simplify Asset Management, stated that both he and Harley are drawing attention to the increasing risk associated with convexity as yield levels influence prices. Green agreed with Harley's assessment that this risk continues to grow.

Green previously highlighted that market reactions have centered on changing short-term rate expectations, as noted in his recent commentary. He has also discussed the continued debate around the Federal Reserve raising rates to maintain its credibility in earlier remarks. These points inform his latest concerns about convexity risk as yields fluctuate.

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