Accrual Tranche Question

[max81]

The tranche lowers contraction risk not prepayment risk for the other tranches

 

[bpdulog]

max81 Wrote:
——————————————————-
> The tranche lowers contraction risk not
> prepayment risk for the other tranches
Fair enough, but what is the difference between the two?

 

[joseph213]

bpdulog Wrote:
——————————————————-
> max81 Wrote:
> ————————————————–
> —–
> > The tranche lowers contraction risk not
> > prepayment risk for the other tranches
>
>
> Fair enough, but what is the difference between
> the two?
These two should be the same