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NewsWhore
05-17-2012, 11:10 AM
Money Market Indicators Signal Banking-Sector Stress Stabilized (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEQOWWw7WtgpTOltz6cdJdq3ea7RQ&url=http://www.bloomberg.com/news/2012-05-17/money-market-indicators-signal-banking-sector-stress-stabilized.html)
Bloomberg
The cost for European banks to convert euro-denominated payment streams into dollars-based funding via the cross currency swaps market narrowed. The three-month cross-currency basis swap was 49.3 basis points below Euribor, compared to 51.2 basis ...

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