(Bloomberg) -- Demand for interest-rate swap
options in Europe is rising as concern spreads that losses from
collateralized mortgage obligations will increase after Bear
Stearns Cos. said two failed hedge funds are almost worthless.
The near collapse of the funds, which invested in subprime
mortgage bonds, is dimming demand for other risky assets and
prompting investors to seek protection through financial
instruments such as options. Government bonds in the U.S. and
Germany advanced today as investors sought the safety of the
highest rated debt.
Read more at Bloomberg Bonds News
options in Europe is rising as concern spreads that losses from
collateralized mortgage obligations will increase after Bear
Stearns Cos. said two failed hedge funds are almost worthless.
The near collapse of the funds, which invested in subprime
mortgage bonds, is dimming demand for other risky assets and
prompting investors to seek protection through financial
instruments such as options. Government bonds in the U.S. and
Germany advanced today as investors sought the safety of the
highest rated debt.
Read more at Bloomberg Bonds News
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