Wednesday, April 13, 2011

Safe assets are in demand after the increase in the level of radiation threat

Safe assets, such as the Swiss franc and government bonds enjoyed yesterday in demand in response to the announcement that the level of nuclear threat in the Fukushima Dai-Ichi had been raised to its highest level in 7, as at Chernobyl. Suisse reached yesterday afternoon 0.8950. Bonds enjoyed a substantial demand: the return of American 10-bee-entrance fallen by 7 points to 3.52% and return on the British similar securities fell by 11 basis points up to 3.69%. But at the same time, despite the demand for safer currencies, high-risk, such as the Aussie and kiwi are also in demand.

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