Liquidity Illusion: Systemic Risk, Securitization, and the Shadow Banking Leverage. Quantitative Analysis (1Q-2025)

This comprehensive analysis examines the paradoxical relationship between apparent market liquidity and underlying systemic risk in the U.S. financial system as of Q1 2025. Through quantitative examination of SOFR funding markets, securitisation trends, and off-balance sheet exposures, we demonstrate how…