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NewsWhore
05-25-2012, 11:50 AM
U.S. Banking Sector Stress Eases, Money Market Indicators Show (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF773e__Uxy1-wagN-MLkT84tJ2mQ&url=http://www.bloomberg.com/news/2012-05-25/u-s-banking-sector-stress-eases-money-market-indicators-show.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 47.1 basis points below Euribor, compared to 45.4 basis ...

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