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View Full Version : UK Bond Auction Fails for First Time Since 2002 - Bloomberg



NewsWhore
03-25-2009, 02:50 PM
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UK Bond Auction Fails for First Time Since 2002 (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Dab62rFruCiiM%26refer%3Dhome&cid=1319285038&ei=Dn7KSdGODIzG6AOHy634Dg&usg=AFQjCNFWDyrysXjiXXhqTMBmzHR0ne1P2Q)
Bloomberg
The British currency fell 27 percent versus the dollar in the past 12 months and 16 percent against the euro. It depreciated to $1.4574 today, from $1.4681 yesterday, and to 92.97 pence per euro, from 91.72 pence. The UK economy shrank 1.5 percent in ...


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