Please don't use this yet.
Refinements are underway by Alan Comnes, but  wanted to give you a flavor for how underwater the DWR contracts are (if  marked to market today).
Jim's got it , too.
Based on recent curves, $21B of the DWR contracts are stranded.
Will give  you the update once it's done (likely tomorrow).
Best,

DWR's Stranded Costs
Please don't use this yet.
Refinements are underway by Alan Comnes, but wanted to give you a flavor for how underwater the DWR contracts are (if marked to market today).
Jim's got it , too.
Based on recent curves, <CUR>00B of the DWR contracts are stranded.
Will give you the update once it's done (likely tomorrow).
Best,
based recent curves comnes wanted flavor marked likely tomorrow don underwater dwr contracts cur 00b use refinements underway