How it works: A severe thunderstorm uproots a tree that falls onto your home, crushing part of the roof and attic. You’d pay your share of the repair cost — known as the homeowners insurance deductible— and then the insurer would pay the rest, up to your dwelling coverage limit. ...
if you haven’t hedged the FX then there’s every chance the FX movement will dominate the bond return (e.g. today you sell £10k to buy $12.5k, buy a TIPS which matures in a year with a change in CPI of 3% so a 5% return so you ...