1-, 3-, 6- and 12-Month Eurodollar LIBOR Yields Lower Today, Continuing Downward Trend

1-, 3-, 6- and 12-month Eurodollar LIBOR yields all decreased again today, continuing a downward trend.

The TED spread is now 2.76375 percentage points; it was 2.82875 yesterday and 3.62875 last Friday.

LIBOR

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 Hong Kong.

Click here for historical LIBOR values.

Click here for a chart that compares American benchmark rates to LIBOR.