Carlyle default

March 13, Carlyle Group bond fund said it defaulted on $16.6 billion in debt. This has cause U.S. stocks to fell again. Retail sales which dropped also add the presure. The dollar slid to a 12-year low against the yen after tumbling home-loan assets left the Carlyle fund insolvent. The dollar fell below 100 yen earlier today for the first time since 1995 and dropped to a record low against the euro. The dollar fell to 99.77 yen, the lowest since October 1995, before trading at 100.75 at 8:50 a.m. in New York, from 101.79 yesterday. The dollar touched $1.5624 per euro, the weakest since the European currency’s debut in 1999, and was at $1.5560, from $1.5551.