calculatedriskblog.com - 1/14/2009
—
Here are a few indicators of credit stress: The TED spread is at 0.99, sharply lower. ( improved ) The TED spread was stuck above 2.0 for some time. The peak was 4.63 on Oct 10th. The TED spread has finally moved below 1.0, although a normal spread is around 0.5. The three month LIBOR has ...
gregmankiw.blogspot.com - 1/15/2009
—
gregmankiw.blogspot.com —
Bloomberg reports that the Ted spread is now
below 100 basis points. The Ted spread, the difference...
between the interest rates on interbank loans and T-bills, is one gauge of how much fear is gripping the financial system. Its decline suggests that ...
(more)
Ted is more relaxed
calculatedriskblog.com - 1/9/2009
—
calculatedriskblog.com —
The yield on 3 month treasuries has increased
to 0.08%. I suppose this is an improvement (better...
than zero). The three month LIBOR has decreased to 1.42%. The three-month LIBOR rate peaked (for this cycle) at 4.81875% on Oct. 10. ( improved ) The ...
(more)
Credit Crisis Indicators: Improvement
Comments
Blog Reactions
The TARP Is Working?
The Daily Dish | By Andrew Sullivan —
Credit indicators are looking much better.
Carping about TARP-ing.
The Volokh Conspiracy —
Is TARP a fabulous success? No! But it isn’t a failure, either. Look here , for example. The TED spread is a standard measure of financial confidence—roughly the amount of extra interest a bank needs to pay another bank to lend to it rather than to the U.S. government, which is (supposedly, anyway) super-safe. In normal times, it is around 0.5. During the height of the financial crisis, it was around 4.5. Now it’s tad below 1. Other indicators are consistent with TED. The purpose of TARP was to unfreeze the credit system. If it is not yet fully liquid, at least it has melted a ...
America to Obama: Stimulate Me!
Politics Daily —
... The answer, of course, is not as simple as the ones culled from yes-or-no survey questions. If you solely focus on credit, for instance, there are signs that the first round cash infusion may be starting to work. Still, the battle here is more akin to fighting a California wildfire with a few measly garden hoses. For every hot spot you managed to soak with water, a new wind kicks up scattering sparks across waiting kindling. As a result, the conflagration continues to spread. ...
The N-Word
The Corner on National Review Online —
... that Citi "will be forced to sell everything to competitors that can integrate its disparate parts into their own, better-managed franchises..." The question arises: Do we need the government to oversee that process, or can Citigroup dismantle itself without causing the thawing credit markets to seize up again? ...
Related Content
Credit Crisis Indicators
calculatedriskblog.com 3/17/2009 — Here is a quick look at a few credit indicators: First, the British Bankers' Association reported that the three-month dollar Libor rates were fixed at 1.30%, down from 1.31% on Monday. This has been a slight improvement over the last week. Click ...
Credit Crisis Indicators: Unchanged
calculatedrisk.blogspot.com 11/18/2008 — Another daily look at a few credit indicators ... LIBOR increased half a basis point : The London interbank offered rate, or Libor, that banks say they charge each other for such loans rose less than half a basis point to 2.24 percent today, British ...
Credit Crisis Indicators
calculatedrisk.blogspot.com 10/29/2008 — While we wait for the Fed ...
LIBOR declined 5 basis points today to 3.42 percent.
The yield on 3 month treasuries declined sharply to 0.60% from 0.77% as investors wait for the Fed. (Worse)
The 3 month yield was close to zero for a few days, so ...
Credit Crisis Indicators
calculatedriskblog.com 1/30/2009 — It's been awhile, and by popular demand ... Treasuries have rebounded somewhat since the beginning of the year, and there was tepid demand today for Five Year Treasuries, from Bloomberg: Treasuries Drop as Record Sale Draws Higher-Than-Forecast Yield ...
Credit Crisis Indicators: LIBOR Rises Again
calculatedrisk.blogspot.com 11/16/2008 — Once again, as economic activity dives off a cliff , here is another daily look at a few credit indicators ... LIBOR increased again, for the 2nd day in a row , after falling for 23 straight days: The London interbank offered rate, or Libor, for ...
Credit Crisis Indicators
calculatedriskblog.com 5/22/2009 — From the British Bankers' Association reported that the three-month dollar Libor rates were fixed at 0.66%. The LIBOR peaked at 4.81875% on Oct 10, 2008. Click on graph for larger image in new window. There has been improvement in the A2P2 ...
Recovery Indicators Are Being Ignored - Money and Politics Blog
cnbc.com 3/5/2009 — As Team Obama readies its nearly $300 billion mortgage bailout — a plan that at best will have only minor positive impact, and at worst will welfare-ize the housing sector even more — there are recovery indicators out there that are being ignored by ...
Give Credit Where Credit Is Due
corner.nationalreview.com 1/20/2009 — Obama is not spending a moment dancing in the end zone. He's focusing on problems and the need for renewed energy and determination in solving them. Most of what he is saying could just as easily have been said by John McCain or Mitt Romney--or Ronald ...
Key Economic Indicators Suggest a Deep Recession
washingtonpost.com 11/20/2008 — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...
The Crisis of Credit Visualized
themoderatevoice.com 2/20/2009 — Can you explain the existing economic crisis’ pivotal crisis of credit simply so anyone can grasp the crisis? The answer is YES and California graduate student Jonathan Jarvis shows us how below:
The Crisis of Credit Visualized from ...
LaHood hearing postponed —
CNN Political Ticker 1/14/2009
(CNN) — Former Congressman Ray LaHood's confirmation hearing to be the next secretary of transportation has been postponed because LaHood's "paperwork" isn't done yet, a Senate aide told CNN.
...
Follow BeltwayBlips on Twitter
