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View Full Version : Europe Stocks Extend Drop on Spain Bond Sale - Bloomberg



NewsWhore
11-17-2011, 05:30 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHpO4MG8-J4Yxw_Trz5QZZDD68pNQ&url=http://www.bloomberg.com/news/2011-11-17/asian-stocks-rebound-european-index-futures-drop-while-euro-strengthens.html)
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Europe Stocks Extend Drop on Spain Bond Sale (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHpO4MG8-J4Yxw_Trz5QZZDD68pNQ&url=http://www.bloomberg.com/news/2011-11-17/asian-stocks-rebound-european-index-futures-drop-while-euro-strengthens.html)
Bloomberg
The cost for European banks to fund in the US currency rose for a fourth day, to the highest since December 2008. The three-month cross-currency basis swap, the rate banks pay to convert euro payments into dollars, increased to 124 basis points below ...

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