a question about measuring the severity of the current credit crunch.
One standard measure is something called the TED SPREAD
which measures the difference in interest on 3 month US Treasuries
and 3 month contracts on Eurodollars as represented by LIBOR.
The TED Spread has gone from 1.3% a year ago to 3.8% today.
On Bloomberg TEDSP -- Index key -- GP go key
(Mike Halperin)
Tuesday, October 7, 2008
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