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3-month Libor Drops to 2.18

libor graph

libor graph

 From Bloomberg, the libor is down from 4.67 a month ago in its 22nd consecutive decline to the lowest level since October 2009. 

The Libor is the main benchmark for $360 trillion in products world wide and is also one of the main benchmarks for many ARM’s and Home Equity lines of credit. 


About The Author

Loony Jane

Just trying to figure out the facts so that we can make real progress to help solve our tough problems.





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