Euro Basis Swaps Nearing Crisis Levels (Chart)
August 15, 2011 at 13:01 PM EDT
Bloomberg had a very interesting story and a target to watch as the EuroZone crisis continues to roll along… Aug. 15 (Bloomberg) — The premium European banks are paying to borrow in dollars through the swaps market is at the most extreme level since the credit crisis of 2008, signaling the rout in equities may [...]