Tuesday, December 23, 2008

Bits of Good Economy News

Just a couple of bits...

The three month LIBOR has decreased to 1.47%. The three-month LIBOR rate peaked (for this cycle) at 4.81875% on Oct. 10

The TED spread is at 1.48, sharply lower (peak was 4.63)

The A2P2 spread as at 4.93, lower than a record (for this cycle) 5.86 after Thanksgiving,

The two year swap spread from Bloomberg: 77.00 (was as high as 165)

The not-so-good: Treasuries are at 0% for 30-day, and 2.1% for the 10-year. Flight to security is still operative.

HT: Calculated Risk

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