LIBOR Declines

The U.S. bond market is closed today for Veterans Da. So other indicators are not available today.

From Bloomberg report ;

The London interbank offered rate, or Libor, that banks charge each other for three-month loans in dollars slid 6 basis points to 2.18 percent today, the 22nd consecutive decline and the lowest level since Oct. 29, 2004, according to British Bankers' Association data.

The three-month LIBOR was at 2.24% yesterday.But it was 4.81875% at record on October 10th. This indicator shows well about credit transfers of banks. Investment should raise and i am still checking Libor out.