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Wednesday, September 21, 2005
Time to Review Floating USD Financing?
In a widely expected move, the Fed raised the target for its funds rate by 0.25% to 3.75% yesterday. The market seems to expect further hikes, with some suggesting a level of 4.00% can be reached by year-end. 1 Year USD LIBOR is already at 4.22% and looks like it could move even higher. Here is a handy web-based table showing the most important interbank rates. Take Me To The Table...posted by Charles Monat Associates at 9:39 AM
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