PDA

View Full Version : South African Rand Falls as Swine Flu May Deepen Recession - Bloomberg



NewsWhore
04-28-2009, 06:30 AM
<img alt="" height="1" width="1">
South African Rand Falls as Swine Flu May Deepen Recession (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaEvuzd8_my5k%26refer%3Dafrica&cid=1342906540&ei=jdz2SbzeCqO4MdbM2JQI&usg=AFQjCNERFNv98um0r1ojjowsbMQ7xrJXTg)
Bloomberg
... up one basis point. The yield on the 13 percent note maturing in August 2010 rose three basis points to 6.42 percent. Yields move inversely to bond prices. Currency and bond markets have already priced in a 1 percent rate cut, Van Zyl said.


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaEvuzd8_my5k%26refer%3Dafrica&cid=1342906540&ei=jdz2SbzeCqO4MdbM2JQI&usg=AFQjCNERFNv98um0r1ojjowsbMQ7xrJXTg)