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  • Also known as the TED spread. Finally I understand what that means.

    October 16, 2008

  • “Anyway, what I’m talking about is the spread between Libor — the London Interbank Offer Rate, which is the rate at which banks lend to each other — and the yields on Treasuries of the same maturity.�?

    The New York Times, Listening to Libor, by Paul Krugman, November 23, 2007

    October 16, 2008