1-, 3-, 6- and 12-Month Eurodollar LIBOR Yields All Declined On The Week
The 1-, 3-, 6- and 12-month Eurodollar LIBOR yields all declined on the week, but only the one-month LIBOR eased on the day.
The yield on the 91-day U.S. Treasury Bill is currently 0.01%. Therefore, the TED spread is now 2.1475 percentage points; it was 2.12313 yesterday, 2.10625 last Friday and 4.34 on October 15, 2008. A TED spread 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 Israel.
Click here for historical LIBOR values.
Click here for a chart that compares American benchmark rates to LIBOR.
The yield on the 91-day U.S. Treasury Bill is currently 0.01%. Therefore, the TED spread is now 2.1475 percentage points; it was 2.12313 yesterday, 2.10625 last Friday and 4.34 on October 15, 2008. A TED spread 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 Israel.
Click here for historical LIBOR values.
Click here for a chart that compares American benchmark rates to LIBOR.
Labels: libor, TED_spread
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posted by Steve Brown | Friday, November 21, 2008
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