London Interbank Offered Rates, or Libor, are at record lows for dollars, euro and sterling, leading many pundits to say that they cannot fall much further. Three-month Libor rates have fallen almost to the levels of base rates in the US and the UK - and below base rates in the eurozone.
The question now is: at what point will they start rising aga
Friday, November 13, 2009
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