Sunday, Jun 17, 2007
No more free rides
FT.com: A fright in the bond markets may end the cheap funds era
Now the question is how great the impact will be. US Treasury bond yields in effect set the “risk-free” rate used when pricing securities – from corporate credit through derivative contracts to equities – across the world. They form the financial world’s clearest expression of risk.
Posted by chris @ 10:01 PM (157 views) Add Comment
2 Comments
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1. Hardlanding said...
No FT No Comment
would someone please post this article? -- I don't have an FT subscription
thanks
2. Mike said...
you have to pay to read this