Analyst Comments on Movement in Avon (AVP) CDS Spreads
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Trouble in Emerging-Market Currencies Spreads, Stocks Fall (SPY)
January 24, 2014 11:06 AM ESTU.S. investors were jittery and stocks declined Friday amid the worst sell-off in emerging-market currencies in five years. Worries about Fed tapering intensified Thursday after manufacturing data out of China showed the first decline in months. EM currencies like the Turkish lira and South African rand plunged.
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10-Yr Yield Closes on YTD Low Amid Flight to Safety
January 23, 2014 3:32 PM ESTYields on U.S. Treasuries declined on Thursday, with the 10-yr closing at a year-to-date low of 2.777%. The decline was tied to a flight to quality after a sell-off in emerging-market currencies intensified, said Bloomberg. The decline was triggered by weak manufacturing data out of China and accelerated after Argentine... More
