Libor Surge is Nearing Danger Level for Debt-Drenched World
Libor Surge is Nearing Danger Level for Debt-Drenched World by AMBROSE EVANS-PRITCHARD, https://www.telegraph.co.uk/ The stress signals of the global credit system are flashing amber. The offshore dollar funding markets that lubricate world finance are facing an incipient squeeze. – The “Libor-OIS spread’ – watched carefully by traders – has risen to levels reached during the onset of the Chinese currency …