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



NewsWhore
02-23-2009, 09:50 AM
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Bringing Down House With Credit Swaps May Hit Yen Too (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DapbA9M92WZqw%26refer%3Djapan&cid=1307428682&ei=LLiiSezXEKXYgAOt9oC3Cg&usg=AFQjCNEQJNf6D2aWI04I8Nyj2vcWT47V5A)
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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