Bond Yields Drop on Dubai Debt Default Fears

The Swiss franc and the Japanese yen were among the top performing currencies this week after equity and credit markets worldwide plummeted on fears over a possible debt default in Dubai and a sharp decline in Chinese equities. USD/CHF fell to parity and USD/JPY fell below 85.0. GBP ended the…

Source:Bond Yields Drop on Dubai Debt Default Fears

This entry was posted on Saturday, November 28th, 2009 at 5:45 am and is filed under Forex Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.