Showing posts with label Asian bond. Show all posts
Showing posts with label Asian bond. Show all posts
Asian bond spreads narrow
Asian bond spreads narrowed on Friday, reflecting the improving outlook for US banks and signs that US consumer spending is stabilising. An assurance from the chief executive of Bank of America that the lender will make money this year and a smaller-than-forecast drop in US retail sales have sparked a rally in Asian shares on Friday.
Saturday, March 14, 2009
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