- August 2, 2012
How Swede it is
Investors are finding more safety in everything Swedish it seems. A recent Bloomberg story pointed out that:
Credit-default swaps on five-year Swedish government bonds have rallied this month, reaching 46.3 basis points today, compared with 46.5 for the world’s largest economy, according to data compiled by Bloomberg. That difference was as large as 32 basis points in January. Sweden’s 10-year notes yield 1.39 percent, which is nine basis points, or 0.09 percentage point, less than 10-year U.S. bonds.