Wasn't paying attention, but, yes, it's magic - or, if you prefer, it's "preferential allocation of capital": of course they're going to tune the algos to dump capital into the loans which are about to expire without 100% funding.
BTW, the reason I wasn't paying attention is because a little bird whispered on the street that JPM might eat LC.
Have fun!
BTW, the reason I wasn't paying attention is because a little bird whispered on the street that JPM might eat LC.
Have fun!