The 1-, 3-, 6- and 12-Month Eurodollar LIBOR Yields All Declined Today
The 1-, 3-, 6- and 12-month Eurodollar LIBOR rates all declined today.
The yield on the 91-day U.S. Treasury Bill is currently 0.01%. Therefore, the TED spread is currently 2.15375 percentage points; it was 2.18438 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 Thailand.
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 currently 2.15375 percentage points; it was 2.18438 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 Thailand.
Click here for historical LIBOR values.
Click here for a chart that compares American benchmark rates to LIBOR.
Labels: libor, TED_spread
|
--> www.FedPrimeRate.com Privacy Policy <--
> SITEMAP < |
posted by Steve Brown | Tuesday, December 09, 2008
0 Comments:
Post a Comment
<< Home