Coco Bonds: This Risky Financial Experiment Is Rattling Markets

You wouldn't think something with a nickname like "coco bonds" would be so troublesome. But coco bonds - short for "contingent convertible bonds" - are a major reason for the pummeling that the stocks of several major European banks have taken in 2016. Here's what coco bonds are, why they're killing Europe's banks, and why U.S. investors need to watch this closely... Tags: coco bond , coco bond investing , coco bonds , contingent convertible bond , contingent convertible bonds , what are coco bonds? To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Coco Bonds: This Risky Financial Experiment Is Rattling Markets appeared first on Money Morning - We Make Investing Profitable .