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Market credit more expensive for US government

The days of low returns on US sovereign bonds could be numbered if the congress is unable to reach an agreement over the federal budget. Meanwhile, the dollar fell against the euro

By Richard Nehme | Oct. 9, 2013 16:44 BST
Euro continues to benefit from weaker USD
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The dollar depreciated against the euro as EURUSD rose to a high of 1.3602 from an open of 1.3564. If the US situation clouds further, this could test 1.3620 today after closing yesterday at 1.3586. The pair opened at 1.3562 [...]

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