Cash withdrawals from bank accounts exceeded 2 billion euros on Wednesday and Thursday, according to bank officials, as the vast majority of Greeks appear to have decided to stash some cash due to the uncertainty of tomorrow’s election. There were also some who have opted for foreign bonds, mutual funds, foreign currency and foreign stocks.…
Tag Archive for Outflow
Liquidity Trader, Professional Edition
Treasury Yield Uptick Marks and Interesting Turn of Events
by Lee Adler • • 0 Comments
Extended excerpt from the Executive Summary. The Treasury had a very light calendar and easy skating last week, but the calendar will be heavier in the week ahead, with notes and bonds being offered in addition to the regular weekly bill auctions. The notes and bonds will settle on Friday. It’s unusual for them to…
JP Morgan Latest News
iShares JP Morgan USD Emerging Markets Bond Fund Experiences Big Outflow – Forbes
by Newswires • • 0 Comments
iShares JP Morgan USD Emerging Markets Bond Fund Experiences Big OutflowForbesLooking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares JP Morgan USD Emerging Markets Bond …
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Spain beset by bank crisis, downgrades, bond pressure | Reuters
by Newswires • • 0 Comments
Spain’s borrowing costs shot up at a bond auction on Thursday and its troubled banks suffered a double blow, with shares in part-nationalized Bankia diving and 16 lenders – including the euro zone’s biggest – having their credit ratings cut. Official data confirmed Spain was back in recession and a newspaper reported a big outflow…
Bears Chat, Best of the Forums
State and Local Government Squeeze is On
by a Wall Street Examiner •
Squeeze is on for the state and local government borrowers. With options dwindling austerity destined to become only recourse. To the extent these governments avoid tax hikes, the budgetary axe will have to fall. Union agreements will be destroyed, pen…
