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Value in interest rates



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Howdy all

I was wondering how to work outt the interest rates of of two different
countries for example , the Euro bund and the USTbonds. How do they/we work
it out to the percentage interest rate ? how do we know which one is the
better rate? How would that difference affect say the euro/usd spot fx rate?
Am i the only one who cares ? hahaha
:O)
Cheers
Cameron
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