Pandemic Bond

The Bloomberg radio talks about rates and stop markets every 15 minutes, sure they got something better to cover: Here’s Larry Summers on Pandemic Bonds. 

Two questions are in order: First, what is a reasonable price for these bonds? Second, when would the bond default? These are hard questions that perhaps requires economist to solve.

Advertisements

Leave a Reply

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