You can find LIBOR quotes at cnbc.com, or you can find rates and charts at tradesignals.com you might need to register.
Friday, October 10, 2008
Overnight LIBOR rate drops 51% to 2.469%, It's a Start!
Overnight LIBOR rates dropped 51% this morning to 2.469%, down from 5.09% yesterday. This is a good sign. It's a start, next we need to see a correction in the 3-month LIBOR rate, which actually increased 1.4% to 4.82% this morning. Hopefully the overnight improvement will feed into longer term paper and stabilize these crazy credit markets!
Overnight LIBOR Rate (Source: Tradesignals.com)
You can find LIBOR quotes at cnbc.com, or you can find rates and charts at tradesignals.com you might need to register.
You can find LIBOR quotes at cnbc.com, or you can find rates and charts at tradesignals.com you might need to register.
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