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View Full Version : Bringing Down House With Credit Default Swaps May Hit Yen Too - Bloomberg



NewsWhore
02-22-2009, 08:40 PM
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Bringing Down House With Credit Default Swaps May Hit Yen Too (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaMCtoFqxjAcs%26refer%3Dhome&cid=0&ei=5PChSanoEoOqmQfg4szJDA&usg=AFQjCNHKUrISAB4pZwX4dwbZtiM0uq1KXQ)
Bloomberg
Now the Bank of Tokyo-Mitsubishi UFJ Ltd. strategist studies derivatives that provide such insurance to predict currency moves -- and he’s betting against the yen and the pound as a result. “We wouldn’t really have looked at sovereign credit- default ...


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