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View Full Version : Libor Drops as Bank of America Adds to Recovery Signs - Bloomberg



NewsWhore
05-20-2009, 11:51 AM
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Libor Drops as Bank of America Adds to Recovery Signs (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DawRYqDAr8nKs%26refer%3Deurope&cid=1244812748&ei=cCkUSsn6Gdis_gaO6PCgAw&usg=AFQjCNEqmASFoHxA9A5ShPYt3veXMyxlrA)
Bloomberg
“The decline in Libor may also be reflecting the lack of demand for money,” Marc Chandler, head of currency strategy in New York at Brown Brothers Harriman & Co., wrote in a client note today. The drop in rates “may not be the unadulterated good that ...


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