3-month Libor: 5.12%
3-month Treasury: 2.86%
3-month Ted spread: 226bps
Ted spread precedents: Black Monday 1987 (~255bps), and before that, the 1979-83 bear market.
Suckers’ rally.
November 29, 2007 by E. Cartman
3-month Libor: 5.12%
3-month Treasury: 2.86%
3-month Ted spread: 226bps
Ted spread precedents: Black Monday 1987 (~255bps), and before that, the 1979-83 bear market.
Suckers’ rally.
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