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View Full Version : German Bonds Advance Amid U.S. Budget Deficit Impasse, Europe Debt Crisis - Bloomberg



NewsWhore
11-21-2011, 09:20 AM
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German Bonds Advance Amid U.S. Budget Deficit Impasse, Europe Debt Crisis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEt89ZO9x4QoCxv0VoITKpllyzqUQ&url=http://www.bloomberg.com/news/2011-11-21/german-bonds-advance-amid-u-s-budget-deficit-impasse-europe-debt-crisis.html)
Bloomberg
The three-month cross-currency basis swap, the rate banks pay to convert euro payments into dollars, reached 136.5 basis points below the euro interbank offered rate in London, the most expensive since December 2008. Germany&#39;s economy is expanding ...

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