Overnight Index Swaps And LIBOR
While short-term interest swaps may be moving from LIBOR to the overnight index swap market, spreads have narrowed, not widened, during this shift.
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Commentaries — June 2, 2008
Overnight Index Swaps And LIBOR While short-term interest swaps may be moving from LIBOR to the overnight index swap market, spreads have narrowed, not widened, during this shift.