The 1-, 3-, 6- and 12-Month Eurodollar LIBOR Yields All Declined On Both The Day and The Week
The 1-, 3-, 6- and 12-month Eurodollar LIBOR rates all retreated on both the day and the week.
The yield on the 13-week U.S. Treasury Bill is currently 0.01%. Therefore, the TED spread is currently 1.91125 percentage points; it was 1.98625 yesterday, 2.17563 last Friday and 4.34 on October 15, 2008. For the TED spread, a figure between zero and 1.00 percentage point is considered within the normal range.
Image courtesy The Wall Street Journal.
A Eurodollar is a U.S. dollar deposited in any bank outside the United States, and therefore not subject to regulation by the U.S. Federal Reserve. U.S. dollars deposited in a London bank are Eurodollars, as are U.S. dollars deposited in a bank in Colombia.
Click here for historical LIBOR values.
Click here for a chart that compares American benchmark rates to LIBOR.
The yield on the 13-week U.S. Treasury Bill is currently 0.01%. Therefore, the TED spread is currently 1.91125 percentage points; it was 1.98625 yesterday, 2.17563 last Friday and 4.34 on October 15, 2008. For the TED spread, a figure between zero and 1.00 percentage point is considered within the normal range.
Image courtesy The Wall Street Journal.
A Eurodollar is a U.S. dollar deposited in any bank outside the United States, and therefore not subject to regulation by the U.S. Federal Reserve. U.S. dollars deposited in a London bank are Eurodollars, as are U.S. dollars deposited in a bank in Colombia.
Click here for historical LIBOR values.
Click here for a chart that compares American benchmark rates to LIBOR.
Labels: libor, TED_spread
| > SITEMAP < |
posted by Steve Brown | Friday, December 12, 2008
|
0 comments
links to this post
