We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Inconvenient fiction

9 June 2008

Over $100bn of shortterm Federal Reserve loans and swaps come due just before and after the US July 4 holiday. Banks may have trouble rolling some of that over since it s backed by collateral battered by the recent monoline downgrades.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)