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A Missing $164 Million Highlights New Risk for Mortgage Bonds

(Bloomberg) In January, investors including TPG Angelo Gordon, LibreMax Capital and Lord Abbett & Co. got a shock.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStocks Kick Off Key Inflation Week Under Pressure: Markets WrapThese Are the Best Countries for Wealthy Expats‘Oppenheimer’ Wins Seven Oscars Including Best Picture, DirectorThe firms had bought into a bond deal arranged by Goldman Sachs Group Inc. in 2021 that financed the purchase of dozens of

New risk for mortgage bonds highlighted by missing $164 million

New risk for mortgage bonds highlighted by missing $164 million
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