What is Nostr?
bitbybit / BottleTeams
npub18cx…qz89
2024-11-20 17:19:33
in reply to nevent1q…yele

bitbybit on Nostr: Because some managers and Funds are obligated to own Bonds and Fixed income products ...

Because some managers and Funds are obligated to own Bonds and Fixed income products by their investors. Like 10% of their portfolio for example must be allocated to Bonds. That in recent history has been just burning money but they are obligated to own it . Now MSTR offers them something (convertible bond offering) in that space that actually performs and managers will buy up every offering that they possible can.
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npub18cxqklkp83g2fv9mk7kgkag0lz4s7yacpk8ljm3sfx0agrx6320qruqz89