France and Germany are still opposed to such E-bonds, but others in Europe are willing to discuss them.
Individual investors may not get as excited about e-bonds as they have about shares because, unlike some share prices, bond prices rarely double in 12 months.
Over the past two decades, emerging market countries and companies have increasingly looked to the private capital markets (i.e. the issuing of stocks and bonds) for larger-scale funding and away from their traditional reliance on syndicated commercial bank loans and Western government financing vehicles.
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Since the 1980's, emerging market economies, like those of China and Russia, have become increasingly sophisticated in the way they finance their respective governments and affiliated companies -- transitioning from reliance on syndicated commercial bank loans and Western government funding vehicles to the private capital markets (i.e. the issuance of stocks and bonds).
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Over time, your original proportion of investments (i.e. your selected percentage of stocks vs. bonds vs. commodities) will need adjustment.
The idea behind CLOs is that a repackaged pool of bonds is worth more than the individual bonds that make up the pool, i.e.
The rule of thumb is to use your age as a percentage of your savings to allocate to fixed income based funds (cash and bond funds) and the rest in stock funds (e.g. if you are 35, you might put 35% in bonds, 65% in stocks).
Next steps could include tax cuts financed by Federal Reserve purchases of more Treasury bonds, or a maximum yield cap on the 10-year Treasury (e.g, during and after WWII).
That is, a written clause in the bond indenture that says, if a control change occurs (i.e. merger, acquisition or LBO) then bondholders have the right to put their bonds back to the company at a predetermined price when a sale of substantially all the assets occurs.
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