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NewsWhore
05-11-2012, 08:30 AM
Money Market Indicators Signals Banking Sector Stress Retreats (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE9QXeAvCa-5Nft6hhMCPasVMhquw&url=http://www.bloomberg.com/news/2012-05-11/money-market-indicators-signals-banking-sector-stress-retreats.html)
Bloomberg
The cost for European banks to convert euro-denominated payment streams into dollars-based funding via the cross currency swaps market increased. The three-month cross-currency basis swap was 45 basis points below Euribor, compared to 44.1 basis points ...

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