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By Cordell Eddings and Susanne Walker, Bloomberg |
March 21, 2013
Treasuries rose as concern Cyprus’s banking crisis will worsen the euro area’s sovereign-debt turmoil underpinned demand for safer assets.
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By Henry Meyer and Ilya Arkhipov, Bloomberg |
March 21, 2013
Russia rebuffed Cyprus’s request for a bailout loan as the euro-area nation sought to salvage talks in Moscow by wooing investment in its energy reserves.
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By Georgios Georgiou and Stefan Riecher, Bloomberg |
March 21, 2013
The European Central Bank said it may cut Cypriot banks off from emergency funds after March 25 as the island nation’s president, Nicos Anastasiades, pursued options at home and in Russia to stave off financial collapse.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
March 20, 2013
The euro strengthened from a four- month low against the dollar as Cyprus sought alternatives to the European Union plan to help the nation avoid a banking collapse and the Federal Reserve maintained stimulus measures.
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By Susanne Walker and Neal Armstrong, Bloomberg |
March 20, 2013
Treasuries fell for the first time in four days before the Federal Reserve ends a policy meeting amid speculation the central bank will maintain its bond-buying program, underpinning demand for higher-yielding assets.
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By Marc Nemenoff |
March 20, 2013
Bonds have been gyrating over the last few sessions on just about every news item out of Cyprus. Since Monday the Cypriot congress voted against levies on bank deposits and have been in talks with the Russians about assistance.
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By Liz Capo McCormick and John Detrixhe, Bloomberg |
March 19, 2013
The euro fell to a three-month low against the dollar as Cyprus’s parliament voted down an unprecedented bank-deposit levy, fueling speculation the nation’s bailout will falter.
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By Cordell Eddings and Susanne Walker, Bloomberg |
March 19, 2013
Treasuries rose for a third day, pushing 10-year note yields close to the lowest level in almost two weeks on concern Cypriot lawmakers may reject a levy on bank deposits required to secure aid, boosting refuge appeal.
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By Justin Pugsley |
March 19, 2013
Measures being pursued by the Eurozone to force bank depositors in Cyprus to pay for the bailout of their country marks a new unfortunate twist in the financial crisis and one that ultimately could spell the doom of the euro itself.
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By Phil Flynn |
March 19, 2013
The oil market was trying to put the situation in Cyprus behind itself. While the Parliament put off the vote and kicked the can down the road, traders tried to justify the return of confidence in the market.
