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Investors cautious as UBS takes over Credit Suisse amidst crisis and monetary policy meetings.

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Source: CNBC
Investors cautious as UBS takes over Credit Suisse amidst crisis and monetary policy meetings.
Photo: CNBC
TL;DR Summary

U.S. Treasury yields fell as investors considered the stability of the banking sector after UBS agreed to buy Credit Suisse. The Swiss National Bank and Swiss government announced they would take measures to support the deal, including a loan of up to $108 billion. The Fed also announced a joint liquidity operation with several other central banks around the world to ease strains in global funding markets.

Topics:business#banking-sector#credit-suisse#finance#swiss-national-bank#treasury-yields#ubs
Share this article
  1. Treasury yields decline as investors weigh UBS’ takeover of Credit Suisse  CNBC
  2. Credit Suisse's Crisis  Bloomberg Television
  3. USD/CHF marches towards 0.9300 amid sentiment ahead of Fed, SNB monetary policy meetings  FXStreet
  4. And Now, a Credit Suisse Bailout - WSJ  The Wall Street Journal
  5. Credit Suisse Takeover by UBS Crosses a Debt Rubicon  Bloomberg

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