Jesse's Café Américain

Behind the concrete, the visible events, behind all the objective, logical considerations, we find the struggle against evil, against the servants of the antichrist. Everywhere and always demonic powers lurk in the dark, waiting for the moment when man is weak. When he yields to the forces of evil, he separates himself from the power of a higher order; after taking the first step, he is driven on and on to the next and to the next, at a furiously accelerating rate.
Die Weiße Rose, 1942

Showing posts with label swap spreads. Show all posts
Showing posts with label swap spreads. Show all posts
23 March 2010

Interest Rate Swap Spreads on Treasuries Turn Negative for the First Time

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Does this imply that the comparable LIBOR is lower than US Treasuries? If so, yikes (I think). Purely technical, the result of govenment man...
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