Pimco Bought Some Little Bonds | Bloomberg View

If it can buy Bond XYZ for 85, and its valuation service says that Bond XYZ is worth 90, then Pimco has created value.

It has done this by shifting the value system …

via Pimco Bought Some Little Bonds – Bloomberg View.

Advertisements

Comments

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s