(Reuters) - Credit spreads widened, stocks fell sharply and U.S.
government bond yields tumbled as investors repatriated funds
from overseas holdings into safer dollar assets.
The low-yielding yen, a popular funding currency for risky
trades, was the exception and was on track for a 2 percent
weekly gain against the greenback and a nearly 6 percent weekly
rise against the high-yielding New Zealand dollar.
Read more at Reuters.com Bonds News
government bond yields tumbled as investors repatriated funds
from overseas holdings into safer dollar assets.
The low-yielding yen, a popular funding currency for risky
trades, was the exception and was on track for a 2 percent
weekly gain against the greenback and a nearly 6 percent weekly
rise against the high-yielding New Zealand dollar.
Read more at Reuters.com Bonds News
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