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View Full Version : Libor Set to Drop, TED Spread at Lowest Since Crisis Started - Bloomberg



NewsWhore
05-15-2009, 06:21 AM
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Libor Set to Drop, TED Spread at Lowest Since Crisis Started (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DasvyWdt2A5PU%26refer%3Deurope&cid=1351762142&ei=TkQNSuPYCYri6wO50vDHCQ&usg=AFQjCNGOytsaSevvKWqKfQxIQ_Q7p8oB2g)
Bloomberg
“Money-market safe-haven spreads continue to narrow significantly, suggesting less fear in the banking system and more liquidity creating a less restrictive lending environment,” Greg Gibbs, a currency strategist in Sydney at Royal Bank of Scotland ...


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