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Greece: A Ratings History
Everything seemed fine until end 2009. Few people talked about it. The debt was there. […]
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Short term US T-bills almost back to zero
Look at 1-month yield for US Treasury bills: almost back to zero. Risk is out […]
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Belgium CDS rise after election – Moody’s downgrades Greece to “junk”
Decent move in Belgian CDS (credit default swaps) today (+16% to 130bps) after Flemish separatists […]
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Another red flag: Commercial Paper (CP)
What are CP’s? They are unsecured “promissory notes”, sold by large companies and banks with […]
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How the Swiss National Bank tried to keep the CHF from appreciating – and failed
According to preliminary data foreign currency reserves at the Swiss National Bank (SNB) in May […]
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Is BP worth a buy after losing 50%?
Take a look at CDS (credit default swap) for BP (British Petroleum): because of the […]
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