The economics of money, banking, and financial markets

Following the Financial News  Money Market Rates  28

Capital Market Instruments .................................................................................................. 29

Following the Financial News  Capital Market Interest Rates  30

Internationalization of Financial Markets .............................................................................. 31

Global  Are U.S. Capital Markets Losing Their Edge?  32

International Bond Market, Eurobonds, and Eurocurrencies ................................................ 32

World Stock Markets ............................................................................................................ 33

Function of Financial Intermediaries: Indirect Finance ...................................................... 33