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Cat bond issuance price pressure flattens market yield, widening less pronounced: Plenum
Catastrophe bond market yields remained flatter than anticipated through February as expected seasonal spread widening proved less pronounced given the continued price pressure from new primary cat bond issuance that is coming to market at lower premiums, data from Plenum Investments shows. The overall yield of the catastrophe bond market ended February 2026 at 8.91%, as cat bond risk spreads moved higher slightly during the month. [...]