I've posted before about how the 30 day and 90 day Libor spread tends to be a good leading indicator. I also posted about how it sucks that there's been crazy manipulation and that it might not be good anymore. Well, Euronext is taking over Libor and it appears that the Libor spread that I so love to watch is still worth keeping bookmarked and watching. Here's the chart:
Not saying it's the end all be all...just might be worth keeping an eye on.
Hope everyone's having a good summer!
TLT
Not saying it's the end all be all...just might be worth keeping an eye on.
Hope everyone's having a good summer!
TLT