TED spread

Finally getting lower - 2.51% now. 3.54% - 1.03%

this is good. annoying that it took banks this long to ease LR, so the decline doesn’t have the (expected) positive benefit for equities.

tsx11 Wrote: ------------------------------------------------------- > this is good. annoying that it took banks this > long to ease LR, so the decline doesn’t have the > (expected) positive benefit for equities. Don’t forget a huge part of the TED spread’s improvement is due to a rebound in the three-month yield

Libor-OIS 2.5% -28bps