The 1- and 12-Month Eurodollar LIBOR Rates Skipped Higher Today

The 1- and 12-month Eurodollar LIBOR rates moved higher today, while the 3-month rate waned.  The 6-month rate was static.
 
Image courtesy: WSJ Online

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

Click here for historical LIBOR figures.

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.