Libor fixes: extreme stress

The spike in overnight dollar has come down – but it’s still extremely elevated. Other Libor readings show little sign of improvement, and in some cases worsening conditions. All the more alarming given the desperate unprecedented money market operations being undertaken by central banks currently.

Overnight USD Libor Fixed At 3.78375% vs 6.87500%

Overnight Sterling Libor Fixed At 4.9625% vs 6.78%

Overnight Euro Libor Fixed At 4.26875% vs 4. 44875%

Three month USD Libor Fixed At 4.15000% vs 4.05250

Three month Sterling Libor Fixed At 6.30750% vs 6.3%

Three month Euro Libor Fixed At 5.28500% vs 5.27375%

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