One bond market is defying the global selloff with record returns
Investors in the $40 billion market for so-called cat bonds have literally been sitting out the storm to reap returns as high as 16% this year.
Source: moneycontrol.com
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This bond market is providing double-digit returns
Investors have seen returns as high as 16% from one class of debt instrument.
Source: investmentnews.com
One Bond Market Is Defying the Global Selloff With Record Returns
(Bloomberg) -- As bond markets everywhere get battered by a cocktail of higher interest rates, deficit angst and hawkish central bankers, one class of debt instrument is handing creditors double-digit returns: catastrophe bonds.Most Read from BloombergIsrael Latest: Netanyahu Vows Retaliation Has ‘Only Started’Schumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionStocks Shrug Off Losses After Fedspeak; Oil Climbs: Markets WrapInvest
Source: yahoo.com