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View Full Version : Global Stocks Tumble on Earnings Concern; Treasuries, Yen Rally - Bloomberg



NewsWhore
10-24-2008, 10:00 AM
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Global Stocks Tumble on Earnings Concern; Treasuries, Yen Rally (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601100%26sid%3DaTFM4vIxJR4E%26refer%3Dgermany&cid=0&ei=etYBSZiXDaXCMcOX2IoJ&usg=AFQjCNFpVFdl9QmBcWyCcBKumHd3q7jvxQ)
Bloomberg - 11 minutes ago
... risk of a global recession prompted investors to slash carry trades, in which they fund purchases of higher-yielding assets with the Japanese currency. ...


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