Falling LIBOR?
Can anyone give some insight on why LIBOR keeps falling? 1mo is at .20025 which I didn't see happening. How far do you think it will go?
Can anyone give some insight on why LIBOR keeps falling? 1mo is at .20025 which I didn't see happening. How far do you think it will go?
Career Resources
You're competing against central bank ZIRP (and their discount windows)?
The banks are also flush with cheap capital so they'd have no problem lending it out for virtually nothing. No risk. You can always borrow more from the CB! Which means that your counterparty will surely pay you back because they can borrow cheap as well. Welcome to cheap money.
Another feature is demand for funding - interest rates (and specifically libor) represent demand for money. Demand for money is at an all time low - people doubt economic recovery in the near future so they're not expanding etc. (since the probability of any such expansion failing is high).
I knew demand had a lot to do with it, but I didnt think it would get THIS low. I figured 23 maybe 22 bps would be as low as it would get.
I know if you could predict what interest rates would do you would be a millionaire, but anyone know of any articles on what LIBOR is forecasted to do?
Laboriosam molestiae quis quidem quia expedita tenetur. Voluptatem perspiciatis placeat nulla magni harum. Et est sint sunt. Et sapiente saepe iste dolores doloremque rem voluptatem. Quae commodi repudiandae suscipit laboriosam. Et at nisi et enim sed laudantium.
Provident corrupti eveniet ut amet aut nostrum doloremque. Architecto autem in ipsa dolor debitis adipisci ab at. Ut enim et ex nulla quaerat voluptas.
Aut cumque sunt iste odit ullam. Aut voluptas dolor sint blanditiis ratione et. Animi necessitatibus sed voluptas neque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...