Monday, February 05, 2007

Trading in Disaster

Fascinating stuff!

If only I was a player...


Sounds like yields haven't compressed too much in one corner of the investment world. I wonder what the chance is that my PIMCO funds invest in cat bonds and similar? Hmmm. Probably very low. How disappointing. I'll have to go take a closer look at the portfolios in the near future.

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