anyone knows what "arbitrary interest rate changes" are???

never heard of this before.

Isn’t it just a twist? It’s in the curriculum. or be more precise, a non-parallel change.

correct, but couldn find it in the text… able to let me know where it was mentioned? thanks

^ curious too, i thought it was twist too, but not sure

vol 3 p349, somewhere in the middle of the page.

thanks it states an “arbitrary nonparallel way”, but will remember this