TED spread signals better conditions

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.

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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.

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ted-spread-2008-12-23

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

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