Jesse's Café Américain

"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11

Showing posts with label TED spread. Show all posts
Showing posts with label TED spread. Show all posts
21 May 2010

Much Ado About TED, LIBOR, and Currency Swaps

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There is some alarm being expressed about the recent increase in the TED spread from some quarters this week. Here is a short term chart of ...
02 October 2008

TED Spread Soars to a New Record - Symptom of the EuroDollar Squeeze?

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There is a real possibility that the TED Spread blowout is not an artifact of risk per se, but a symptom of the US dollar squeeze in Europe....
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