Bond Markets Flash Warning About Environmental Catastrophes
Investors in the $35 billion catastrophe bond market are demanding the highest premiums in years to cover issuers against disasters, as weather events become more extreme while interest rates rise.
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### Instruction: Bond Markets Flash Warning About Environmental Catastrophes

### Response: Investors in the $35 billion catastrophe bond market are demanding the highest premiums in years to cover issuers against disasters, as weather events become more extreme while interest rates rise.