Libor Movement ….

Posted on August 26, 2016 by | Leave a comment

London Interbank Offering Rate aka LIBOR is a floating rate benchmark that generally reflects short term interest rates. It is a rate that banks use to loan to each other and benchmark for various instruments such as floating rate loans.

Asleep for some time… it has awakened…

8-25-16 3 month libor

 

Coming soon ….. a money market reform …. that may be causing this… or Could rates be on the move?

Have a great Friday and a higher Libor Weekend!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com

 

 

 

This entry was posted in Interest Rates, Investing/Financial Planning, Market Comments and tagged , . Bookmark the permalink.

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