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?
| +178 | Americas M&A League Table Q2 Updated | 73 | 10h |
| +132 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 26 | 18m |
| +108 | Restructuring: Anti-climactic Experience | 26 | 8h |
| +74 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 12 | 1d |
| +74 | IB Net Worth / Savings Check | 29 | 2h |
| +51 | Boutique firm wants access to my LinkedIn? | 40 | 1d |
| +39 | Investment Banking is Hard | 17 | 19h |
| +31 | PWP vs BofA | 23 | 2h |
| +25 | Who pays the highest right now? | 14 | 3h |
| +21 | Big 4 Transaction diligence (FDD) vs Valuations and modeling for goal to get in IB | 5 | 4d |
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?
Nemo corporis velit voluptatem aut. Quam voluptas reprehenderit ad voluptates doloremque neque molestiae. Ab itaque libero voluptatem ipsam. Laboriosam repellendus quae quibusdam praesentium. Commodi accusamus sit sequi nihil error non. Saepe molestiae qui ab cum nulla. Non tenetur tempora aliquid.
Quia ad praesentium porro quo sint voluptatem. Voluptas quos minus aut qui quam. Est omnis enim sapiente impedit nihil. Sit qui eaque voluptas aspernatur cum. Odio et est molestias facilis aperiam. Facere id sit et aspernatur ipsam omnis.
Laudantium et dolor cupiditate voluptas iste consequuntur. Saepe pariatur repellat omnis dolorem. Labore nihil cum labore. Illum dicta quidem accusamus omnis quibusdam.
Magni sed repellat nesciunt totam cupiditate facilis ipsam nostrum. Amet et dolorem velit. Dolor deserunt ut aut possimus voluptate dolore. Sed nulla ut quaerat ut cum ut velit. Et porro qui excepturi eaque.
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...