As the IBORs Turn: Rate Recap Week of 8-16

Consider this an abridged recap, which is appropriate since this is expected to be a light week. Summer vacations are the prime activity for many, and who am I to blame them? First, a look at USD Libor rates across the maturities on the Libor curve:

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As the IBORs Turn: Rate Recap 8-9 to 8-13

When we last tuned into this soap opera last week... oh geez, forget it. Let's make this short and sweet, shall we? First, some views of both USD and EUR Libor curves.

The blue line I drew in is where/when we started to see USD Libor tail off and the decline in rates accelerated. They've been heading lower and there has been little resistance to seeing these rates head lower.

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As the IBORs Turn: Rate Recap for 8-2-10 to 8-6-10

Last week, I did a rate recap that focused on the IBORs, the interbank offer rates: EUR Libor, USD Libor and Euribor. This week we're still looking at them, but I made some tweaks in how I do that, hopefully it will be easier to understand. And all a day before the Fed meets and everyone does everything from wringing their hands to hyperventilating to having full-blown epileptic seizures – sans epilepsy – waiting for the decision. You're welcome.

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