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View Full Version : Bank Stress Rewinds to October After Move by Policymakers: Credit Markets - Bloomberg



NewsWhore
12-01-2011, 11:30 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE8EQyukNxWzYzIPapAJFOX3JplvQ&url=http://www.bloomberg.com/news/2011-12-01/bank-stress-rewinds-to-october-after-move-by-policymakers-credit-markets.html)
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Bank Stress Rewinds to October After Move by Policymakers: Credit Markets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE8EQyukNxWzYzIPapAJFOX3JplvQ&url=http://www.bloomberg.com/news/2011-12-01/bank-stress-rewinds-to-october-after-move-by-policymakers-credit-markets.html)
Bloomberg
The three-month cross-currency basis swap shrank to 118 basis points below the euro interbank offered rate, which reduced the premium traders are paying for dollars paring from a three-year high on Nov. 29 only to the level last seen on Nov. 14. ...

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