
Non-linear returns
Grant’s Current Yield Podcast
Using Mosa Bonds to boost yield with interest rate options
Four Mosa bonds are popular, where underlying issuers buy treasuries or corporate bonds and sell very long-term interest rate options to boost yield/nBanks that bought treasuries at too low yields have experienced losses this cycle/nThere hasn't been a blow-up on Wall Street related to these types of bonds
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