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CFA Institute Enterprising Investor
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Rights Without Power: Why the Put Bond Failed - CFA Institute Enterprising Investor
https://blogs.cfainstitute.org/investor/2025/08/26/rights-without-power-why-the-put-bond-failed/
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economics
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fixed income
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Why did puttable bonds vanish? This piece explores the gap between rights and power, and why markets rejected a contract without control.
