As Sandy Bears Down Catastrophic Bond Returns Go Up

Bonds designed to protect insurers from payouts on natural disasters are headed for the best returns since 2009 as a superstorm expected to develop from Hurricane Sandy threatens to strike the U.S. Northeast.
Investors Withdrew $2.7 Billion From Pimco in May
31:19 - Bloomberg’s Julie Hyman reports on breaking news on Pimco client redemptions. She speaks on “Bloomberg Markets.” (Source: Bloomberg)
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