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@miguelp Yeah I know that's what I'm talking about, But for something like insurance companies or pension funds it's fine that the bonds took a hit because they took a hit due to the rates rising so much on them. If you're a pension fund or an insurance company taking money in and buying bonds...

@nayelly I'll grant you that I am much less familiar with the insurance business compared to banking or pension funds. I figured they would be like pension funds since they are another one of the primary institutions that holds bonds, in that the new higher rates will make it much easier to...

@resjudicata Yeah okay I could see that we had a rough summer.

@resjudicata Yeah I know but that shouldn't mean overly too much for an insurance fund compared with the massive increase in rates, At least for pension funds who also heavily invest in bonds it was a boon because it meant they could match their future liabilities much easier. Of course with...

@donaciemento Should be able to make a ton more on the investments though, those returns have over doubled.