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View Full Version : Treasuries Pare Decrease as Concern Remains After European Budget Accord - Bloomberg



NewsWhore
12-09-2011, 11:00 AM
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Treasuries Pare Decrease as Concern Remains After European Budget Accord (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHhhrnC4PfkzDKwzyDNfS4hrHKmUA&url=http://www.bloomberg.com/news/2011-12-09/treasuries-pare-decrease-as-concern-remains-after-european-budget-accord.html)
Bloomberg
The three-month cross-currency basis swap, the rate banks pay to convert euro payments into dollars, widened nine basis points, or 0.09 percentage point, to 126 basis points below the euro interbank offered rate. That&#39;s the most expensive rate since ...

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