The 3- and 12-Month Eurodollar LIBOR Rates Fixed Lower Today

The 3- and 12-month Eurodollar LIBOR rates fixed lower today, while the 1- and 6-month rates were unchanged. The 3-month TED spread narrowed.


Image courtesy: Wall Street Journal Online

Right now, the yield on the 3-month U.S. Treasury Bill is 0.13%. Therefore, the 3-month TED spread is currently 0.1795 percentage point; it was 0.1905 last Friday and 4.60875 on October 10, 2008 during the worst of the global banking crisis.

For the 3-month TED spread, a figure between zero and 0.50 percentage point (0.50 percentage point = 50 basis points) is a strong indication that large, international banks are lending money to each other with confidence.

A Eurodollar is a U.S. dollar deposited in any bank outside the United States.

Click here for historical LIBOR values.

Click here for a chart comparing LIBOR to the Prime Rate and the target fed funds rate.

Click here to read about how U.S. Dollar LIBOR fixing works.

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The 1-, 3-, 6- and 12-Month Eurodollar LIBOR Rates All Eased On The Week

The 1-, 3-, 6- and 12-month Eurodollar LIBOR rates all eased on the week. On the day, the 1-month rate declined, the 12-month rate rose while the 3- and 6-month rates were unchanged. The 3-month TED spread narrowed on the week and held steady on the day.


Image courtesy: Wall Street Journal Online

Right now, the yield on the 3-month U.S. Treasury Bill is 0.12%. Therefore, the 3-month TED spread is currently 0.1905 percentage point; it was 0.1905 yesterday, 0.2225 last Friday and 4.60875 on October 10, 2008 during the worst of the global banking crisis.

For the 3-month TED spread, a figure between zero and 0.50 percentage point (0.50 percentage point = 50 basis points) is a strong indication that large, international banks are lending money to each other with confidence.

A Eurodollar is a U.S. dollar deposited in any bank outside the United States.

Click here for historical LIBOR values.

Click here for a chart comparing LIBOR to the Prime Rate and the target fed funds rate.

Click here to read about how U.S. Dollar LIBOR fixing works.

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

The 3-, 6- and 12-Month Eurodollar LIBOR Rates Fixed Lower Today

The 3-, 6- and 12-month Eurodollar LIBOR rates fixed lower today, while the 1-month rate held steady. The 3-month TED spread narrowed.


Image courtesy: Wall Street Journal Online

Right now, the yield on the 3-month U.S. Treasury Bill is 0.12%. Therefore, the 3-month TED spread is currently 0.1905 percentage point; it was 0.2025 yesterday, 0.2225 last Friday and 4.60875 on October 10, 2008 during the worst of the global banking crisis.

For the 3-month TED spread, a figure between zero and 0.50 percentage point (0.50 percentage point = 50 basis points) is a strong indication that large, international banks are lending money to each other with confidence.

A Eurodollar is a U.S. dollar deposited in any bank outside the United States.

Click here for historical LIBOR values.

Click here for a chart comparing LIBOR to the Prime Rate and the target fed funds rate.

Click here to read about how U.S. Dollar LIBOR fixing works.

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <