Macro Finance
Pimco’s Stracke Says Some Complicated Debt Echoes Subprime MBS
Bloomberg Markets·September 4, 2026·1 min read
Pimco President Stracke warned that investors in complex products like collateralized fund obligations are not adequately compensated for the risks they take, drawing parallels to subprime mortgage-backed securities. He said the popularity of these instruments is growing despite the potential for losses.
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