How is our friend TED doing?

So how is our friend TED spread doing these days? If things are working out the way they intended, TED should show some signs of easing … Is it or is it pretty much the same?

http://www.bloomberg.com/apps/cbuilder?ticker1=.TEDSP:IND

I think around 2.7? Libor something like 3.5 and T bills around .80

thanks … how do you read it? seem to be doing ok, but not good enough, eh?

This TED Spread thing is a massive tool. Willy