Fear no more

Bloomberg reports TED spread, which measures the difference in yields on three-month U.S. Treasury bills and the three-month London interbank offered rate, or Libor, dropped to nine-month low. Market confidence is coming back.

TED Fear no more

(click to enlarge, H/T: Bloomberg)

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This entry was posted on Tuesday, May 20th, 2008 at 6:48 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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