28.08.2009 - Currency diversification is good, but which currencies?
From Portfolio-adviser.com:Government bond yields had reached a top in the middle of June, but the US Treasury market came back from the brink and rallied (i.e. yields fell) on the realisation that higher government bond yields mean higher mortgage rates and that the US housing market is too fragile to cope with such higher rates. The rally then ran out of steam as risk trades were re-applied and safe-haven government markets slipped once again..............Full Article: Source
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