TED Spread Now at the Lowest Level in 5 Years
September 15, 2009 at 18:51 PM EDT
The TED spread is the difference between the risk-free three-month T-bill interest rate and three-month LIBOR (includes a credit risk premium), and is considered to be a good indicator of the overall amount of perceived credit risk in the economy. A year ago on September 15, 2009 the TED Spread jumped by 65.5 basis points [...]
