Does anyone here know how to generate a loss distribution at both the inner CDO and outer CDO level? Any software recommended? And where to get the data from iTraxx and CDX? Many thanks!!

Low levels of risk are associated with low level returns, however, does anyone here know that why in some cases low levels of risk are associated with high level returns in CDO^2 transactions? Thank you.

Low levels of risk are associated with low level returns, however, does anyone here know that why low levels of risk are associated with high level returns in CDO^2 transactions? Thank you.