TED spread signals better conditions

| 23 December 2008 15:36

Despite the gloom and doom that you might read right here, things are certainly much better in credit markets than at the height of the credit crisis. Of course we still have a long way to go, but this chart from Bloomberg of the TED spread should give one cheer.

ted-spread-2008-12-23

Source
TED Spread – Bloomberg
TED Spread Narrows to Least Since Lehman on Rates, Cash Flood – Bloomberg

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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